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Amani Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Kebigada | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 7/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-7-2017: Amani Gold Ltd. announces a Resource Estimation report for its Kebigada deposit at the Giro project. Amended mineral reserve at the Giro Gold Project. Amani Gold Limited (ASX: ANL, Amani) refers to its announcement dated 5 July 2017 (“2.3 Milli | |
| Resources: | (Resource, I+I): 48.67Mt @ 1.47g/t Au for 2.30Moz Au contained at project | |
| CP/QP: | [Resources]: Jeremy Charles (MSA Group Pty Ltd.) | |
| ABSTRACT: | Amani Gold Limited (ASX: ANL, Amani) refers to its announcement dated 5 July 2017 (“2.3 Million ounce Maiden Mineral Resource estimate at Kebigada, Giro Gold Project”). The following information is provided as an addendum to the 5 July 2017 announcement, primarily to provide a summary of information that was largely contained within the JORC Table 1 report but not fully dealt with in the body of that announcement. The geological setting is comprised mostly of volcano-sedimentary rocks from the Kibalian complex, with multiple granites and granitoid intrusions. A network of faults seems to have been reactivated at different intervals. The main lithologies hosting the mineralisation are saprolite, quartz veins and stringers and silicified volcano-sediments. Mineralisation is associated with quartz veining and silicification of host rocks along a major NW trending shear zone. Generally higher gold grades are associated with greater percentages of sulphide (pyrite) and silicification. The mineralisation is interpreted to be concentrated within a north-northwest trending dilation jog structure within the shear zone and is approximately vertically dipping. The defined Mineral Resource occurs over a strike length of approximately 1.3 km and is in the order of 350 m wide in the wider central portion tapering off towards the north and south. Faulting may occur that off-sets the mineralisation. The mineralisation is intruded by largely barren, narrow (5 to 10 m) sub-vertical dykes. The deposit is capped by laterite generally between 5 m and 10 m thick. This is underlain by a saprolite layer that is normally between 10 m and 30 m thick. The laterite has been extensively worked by artisanal miners in places and limited mining was carried out in the Belgian colonial era. The laterite and saprolite tonnage estimates were reduced by 5% to account for cavities intersected during drilling. | |
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