The Siga licence covers an area of approximately 51 km2 and is underlain by the Archean Siga Mabale Greenstone Belt and associated granites. Much of the licence is covered by alluvial deposits associated with Lake Nyanza, which obscures the surface geology. The licence is located approximately 5 km south of the colonial-period BIF-hosted Jubilee Reef or 'Augusta Victoria' gold mine. Gold mineralization at the Jubilee Reef is recorded as being associated by shear-zone hosted quartz veins, and recent mineralization reported by Currie Rose Resources Inc. (TSXV: CUI) at Masabi Hill is associated with a granitic intrusion. Masabi Hill is located 6 km NW of the Siga property.
Masabi- and Jubilee Reef- style mineralization was investigated in July 2013 through a shallow soil geochemistry survey, which recorded 1,642 analyses through the use of portable XRF equipment. Based on the results of this survey 185 samples (and associated standards) from two main areas, and three smaller anomalous areas, were submitted for gold assaying. The gold assay results identified a broad anomaly 1 x 1 km, which contained eight samples considered anomalous (7-11 ppb Au) and one highly anomalous sample (50 ppb), within a zone with average gold concentrations of 3 ppb. The area is underlain by an unknown thickness of mbuga soil, which masks much of the underlying geology. The soil anomaly is coincident with an airborne geophysical anomaly that might represent an intrusion. Ground geophysics in this area will be performed to determine if conductors are present at depth, which might represent mineralization.
Located within the Musoma-Mara Greenstone Belt, the 44 km2 Kiagata property is located approximately 5 km to the north of the past-producing Buhemba mine (~ 0.7 Moz Au) and is the target for vein-hosted orogenic lode-gold mineralization. High-resolution airborne geophysics flown by the company in 2011 identified several exploration targets on the licence, based on faults and splay structures cutting the underlying granite and possible volcanic units.
A shallow soil XRF program (200 m line spacing and 100 m sample spacing) has concluded, and identified arsenic anomalism associated with what appears to be a concealed mafic dominated volcanic/volcanoclastic sequence. Arsenic is commonly associated with gold mineralization in Archean gold mineralization, and is therefore used as a targeting technique. Arsenic anomalism broadly trends north-westwards following the trend of dykes in the area. Average concentrations of 37 ppm arsenic are recorded in areas underlain by mafic rocks, and anomalous areas are defined as samples greater than 66 ppm As. The maximum arsenic concentration in soil was 181 ppm. Based on these encouraging results it was decided that 217 soil samples from two areas will be submitted for gold assaying. Follow-up work will be contingent of the assay results.
Extensive shallow soil sampling, including multi-element XRF analyses (2,500 samples) and gold assays (418 samples), have identified three anomalous gold-rich zones on the Nyamwaga East licence in the Mara District, with gold concentrations up to 473 ppb Au. This licence is located 5 km along strike from Barrick Africa's Gokona and Nyabigena pits, both of which are concealed beneath thin flows of recent phonolite lava. The anomalies are generally coincident with interpreted geophysical structures on both regional and local scale. All of the targets identified are underlain by phonolite lava and a shallow drilling programme is being planned for Q1 to determine the cause of the anomalies. The contiguous Nyamwaga West licence (current under offer) is underlain by similar geology to Nyamwaga East. A total of 781 shallow soil samples were measured to determine their trace element content and zone anomalous in As, Cu, Pb and Zn were identified.
Katario (Mrangi East)
Previous exploration at Katario (Mrangi East) took the form of remote sensing studies, airborne geophysics and geological mapping. Fieldwork in 2012 focused on shallow soil geochemistry with the measurement of 717 multi-element XRF readings and 464 soil samples assayed for gold. The highest recorded gold in soil concentration was 130 ppb, with elevated gold values generally related to east-west trending felsic dykes, or NWW-trending faults (interpreted from high-resolution geophysics) which cut a highly foliated mafic tuff and lava sequence. The NWW-trending faults have a similar trend to mineralization present 2 km to the north of the licence at the small Kitaria mine [spelling taken from Barth map]. The western half of the licences is overlain by a thick sequence of alluvium from the Suguti River, and the area is currently scheduled to be sampled using power auger to recovered samples close to bedrock.
Sandy Archibald, Ph.D., P.Geo., is the Company's designated Qualified Person within the meaning of NI 43-101 and has reviewed and validated that the information contained herein is accurate.