Creating shareholder wealth through exploration and production:
Focused on East Africa, Listed on ASX (CHN), Listing on TSX (September 2010)
100% owned Zara Gold Project, Eritrea (subject to govt project participation
rights):
High‐grade Ore Reserves of 760,000oz @ 5.1g/t: Koka Deposit
Forecast production of 104,000oz pa @ US$338/oz cash operating costs
Outstanding near‐mine exploration upside in 6km long Koka‐Konate corridor
Recent BLEG results define new gold targets over 10 km of strike
Feasibility Study completed July 2010: mine development to commence 2011
Tremendous exploration upside:
Koka‐Konate gold system
Extensive land position in emerging Arabian‐Nubian Shield
Regional exploration applications made 19 600 sq km
3
over 19,600 Poised for production, delivering growth through exploration
Creating shareholder wealth through exploration and production:...
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Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.33 | $2.161M | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18387 | $1.34 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 3757 | 2 |
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