Exploration in 2009 will target that extension of the Mwamazengo Discovery with the goal of defining a large tonnage deposit”. The Mabale Hills project is hosted in a similar part of the Upper Archaean stratigraphy to the 14.6 Moz Geita Gold Mine (situated approximately 80 km to the west of Mabale Hills),
34m @ 3.60 g/t; 12m @ 9.11 g/t; 63m @ 2.59 g/t; 31m @ 5.97 g/t. The new structural interpretation predicts that the drilling sampled the margins of a potential deposit that would be located along strike of the fold.
About Sub-Sahara Resources NL Sub-Sahara Resources NL is an ASX listed company (ASX:SBS) with interests in a number of highly prospective and rapidly expanding African projects, including the 1.04Mozs Koka gold deposit that is the key asset of Zara Joint Venture in Eritrea and the Nyanzaga Joint Venture with BEAL (Barrick Exploration Africa Limited) which hosts the Tusker gold deposit (4.5Moz grading 1.15g/t Au).
SBS Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held