Zani Central

Exploration drilling has been completed at the Zani Central target to the south of Badolite, with the two areas separated by a NE trending fault. Artisanal workings are present at surface (Figure 15) in this area as well as two historical exploration audits.

The resource for Zani Central (included in the total Zani Kodo resource) is as follows:

Area Cut off(g/t) Category Tonnes(t) Grade(g/t) Ounces(oz)
Zani Central  0.5 Inferred 9,683,455 1.28 398,894

Exploration drilling has been completed at the Zani Central target to the south of Badolite, with the two areas separated by a NE trending fault. Artisanal workings are present at surface (Figure 15) in this area as well as two historical exploration audits.

Figure 15: Surface workings in broad zone of sheared BIFs, Zani Central, viewing SSE. Drilling has intersected a broad zone of mineralization in sheared banded iron formations. A cross section is shown in (Figure 16) and results to date are shown in (Figure 17). The well-defined orebody is bounded to both north and south by vertical SW-NE trending faults (Figure 14).

Figure 16: Cross section through Zani Central target.

Figure 17: Drilling results at end January 2012, Zani Central target.