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Location: |
240km south-east of Ouagadougou |
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Tenement Area: |
1,262km2 |
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Ownership: |
100% (via 3 year option agreements) |
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Primary Target: |
gold |
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Highlights: |
complex (dilational) structures in regional geophysical data |
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multiple artisanal gold mining sites |
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Nabanga Prospect – high grade gold assays over 3,500m strike length |
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Yacti Prospect – high grade gold grab samples |
The Yactibo Project comprises six granted exploration permits located in south-east Burkina Faso with a total area of 1,262km2. The permits were secured by MET under three year option agreements.
MET considers the Yactibo permits to be highly prospective for the discovery of large-scale gold deposits and targeted the area due to the presence of:
The complex structural features at Yactibo are of particular interest and indicate potential for “dilational” sites considered highly favourable for the development of gold mineralisation (figure 1).
Numerous artisanal mining sites indicate that gold mineralisation is present and widespread across the project area.
The geological setting of the project area is not well understood.
Grab sampling by MET has generated high grade gold assays in quartz vein material at two areas - the Nabanga and Yacti Prospects.
Multiple gold targets including additional artisanal gold mining sites remain to be assessed across the Yactibo Project area.
MET intends to complete a high resolution airborne magnetic survey over the project area to facilitate a detailed structural interpretation.
Nabanga Prospect
The Nabanga Prospect is defined a surface by a significant linear zone of ENE-trending artisanal gold workings focused on the exploitation of visible quartz veins.
The dominant Nabanga vein can be traced at surface over a strike length of 3.5 kilometres and high grade grab samples have been recorded by MET along the length of the structure (average grade 13.54g/t Au) (figure 2).
Gold mineralisation in the sub-parallel but lower grade “Nabanga North” vein is defined over a 600 metre strike length. The average grade of Nabanga North vein grab samples was 4.00g/t Au.
Artisanal mining at Nabanga extends to a maximum depth of approximately 20 metres from surface (limited by the water table and soft ground conditions). Vein width observed in the workings is variable and typically ranges from 0.2 metres to 2.0 metres true width (figure 3).
Preliminary sampling by MET between the Nabanga and Nabanga North veins has also indicated potential for the discovery of additional sub-parallel mineralised vein sets with spot assay values of 19.4g/t Au and 129.0g/t Au recorded.
The lateral distribution of gold mineralisation in rocks adjacent to the mined quartz veins is unknown (not sampled to date) as is the depth extent of gold mineralisation along the two main vein trends.
Yacti Prospect
The Yacti Prospect is located at the southern end of the Yacti exploration permit, approximately 25km to the north-west of the Nabanga Prospect (figure 1).
The Yacti Prospect is defined at surface by a restricted zone of recent shallow artisanal gold workings.
High grade gold assays (average 15.13g/t Au from two samples) have been recorded in quartz vein samples associated with intermediate greenstone host rocks.
Visible free gold has been observed in quartz veins at the Yacti Prospect (figure 4).