VEC Research, page-165

Something of real interest to me guys, and a huge reason for why I've always been so Bullish about whats in the ground at Adidi-Kanga.
Until last Week I was still bloody nervous this deal would not come to fruition ( Done Now so over the moon excited ) try to stay with me as I ramble on through

Between 2005 and 2013, AngloGold Ashanti completed significant exploration and development activities at the Project, which included 173,276m of drilling
Ok , so we know AngloGold Ashanti spent US$500 between 2005/2013

Guy Robert Lukama
Managing Director chez Mongbwalu Gold Mine ( Executive Director Fimosa Capital ) VEC's JV partner on Adidi-Kanga Gold project
We know that Guy Robert ( Fimosa ) is our JV partner , lets take a look at what many would not know !


Apart from having a super impressive resume ( Chairman of the board of directors Bank of Africa DRC ) the stuff below is where the real excitement starts

1: Between 2005 and 2013, AngloGold Ashanti spent US$500mill++ on Adidi-Kanga

2: Guy Robert ( VEC JV Partner Fimosa ) was Managing Director of ( AngloGold Astani DRC ) 2006 to 2014

3: Guy Robert ( VEC JV Partner Fimosa ) was Executive Director of ( AngloGold Astani DRC ) 2014 to 2015

Anyone else seeing the big picture here , the big boss of AngloGold Astani DRC ( Now VEC's JV Partner ) was in change while all the coin US$500mill++ was spent on Adidi-Kanga . He had full access to everything , he would know everything about Adidi-Kanga and what lays beneath the ground !

He's now the Managing Director of Mongbwalu Gold Mine ( Adidi-Kanga )  How he pulled that of is anyones guess !

This just blows me away , no wonder Guy Roberts ( Fimosa Capital ) drove such a hard and draw out negotiation , old mate knows whats in the ground , and I guess Brewer and his management team do also !


The Drilling Core Sheds on-site at Adidi-Kanga , what we know is not  all of the core samples were used in the original SAMEREC and now 3.2mill0z JORC.

Significant exploration and development activities at the Project, which included 173,276m of drilling on a 25m x 50m spacing and up to a 200m x 200m spacing across the broader license area and including 432 RC holes for 52,994m and 572 diamond holes for 119,278m.

How much of the below photo is still left to report ( The whole 200x200 Wide spread area ) If so


Wow , WT Frig just happened hahahahahah , time you I can ramble Lol

Ok to make a long story short

1: Guy Robert ( VEC JV Partner Fimosa ) was Managing Director of ( AngloGold Astani DRC ) when US$500mill was spent on Adidi-Kanga

2: And we have a whole heap of wipe spread drilling still to report ( Come on Exploration upgrades )


And that folks is all she wrote , time for one of these bad boys ( As supplied by my good friend on the bird )



Ps. Confidence and excitement building , bring on Thursday I can see why ( Fimosa ) has no problem with a Execution of an Escrow Agreement for all there shares , why would they !