large soil anomaly defined at kaburi prospect , page-14

Hi Treasurehunter

I was just doing some quick math 1800m (length) x 500m (width) x 2m (depth as only looking at surface)x 1.5 t/m^3 (rough density for soils) = 2.7 million tons

Say the grade averages 1.0 g/t (all those red dots) that gives 2.7 million grams
31.1035 grams in a troy ounce gives = 86,806 ounces. Play with the figures a bit hence my bracketing of 60-100k ounces.

Now that's a ball park figure, not claiming it is a resource, those auger sample lines are pretty far apart so it's just a guide.

Also not claiming that you will find that sort of grade and width beneath the surface anomaly. If you read their literature going back through the quarterlies and to last year when the deal was done between Takatu and Epsilon- you would see there that a considerable portion of the West Omai tenements that contain the Kaburi prospect are covered by a sand overburden that is of marine/river origin so there is good possibilities for the anomaly to be transported and have come from somewhere else.

However if you look at their other maps you seem to have a couple of trends in the Hicks Kaburi corridor and where the anaomaly is located is right over the top of the probable extensions of the structure that hosts Hicks (historic resource of 300k ounces)about 12km to the SE.

So distilling all of this there is a shed load of gold on surface that has probably come from a primary deposit close by. Further it lends support to AZH's hypothesis that they are looking at a scenario similar to the West African style deposits (e.g. Redback's Chirano, Perseus's Ayanfuri) with multiple deposits occurring over a 10-15km strike length. Adding 100k ounces here, 50k ounces there, 300k ounces there etc etc will be the story of their resource growth.

Early days but looking good.