Chad Location.jpg
 

PRO-MINING INVESTMENT FRAMEWORK

 
 

Attractive Mining Code and investment framework

  • Mineral exploration licenses granted for 5 years

  • Renewable twice for a total 15 year period

  • Mining licenses granted for a 25-year term and renewable

  • 10-year tax holiday

  • 35% Corporate tax rate

  • The State has the right for a 10% free carry and 2% royalty

  • Commercial terms negotiable

 

 

Province Scale Tenure

  • Licenses covering 900km² of gold mineralized geological structures in the Saharan Metacraton

  • Potential analogue of prolific Birimian Greenstone belts and/or Intrusion Related Gold Systems; World Class Tintina Gold Belt, Yukon-Alaska

  • Little or no modern-day exploration and largely forgotten due to historical oil focus

  • First mover advantage with two advanced gold projects and multiple targets  

  • Extensive artisanal gold workings

License locations (left) and regional geological setting (right, after Liegois, 2005)

 

Dorothe Gold Project

DOR trenching corrected_June17.jpg
  • 200km² exploration license granted

  • Extensive artisanal workings; visible gold with nuggets up to 1cm across

  • Mineralised footprint over a 3km x 1km area

    • main veins

    • sheeted veins

  • 14,564m of trenching completed

  • Regional air magnetics and soil sampling completed

  • Detailed structural mapping completed by SRK Perth

Dorothe: 3km x 1km High-Grade Gold in Trenching Target

  • Large surface mineralised footprint

  • Multiple trench intersections including:

    • 84m @ 1.66g/t Au*

    • 4m @ 18.77g/t Au+

    • 32m @ 2.02g/t Au

    • 24m @ 2.53g/t Au

    • 12m @ 2.32g/t Au

    • 4m @ 5.27g/t Au

  • Coherent, large scale anomalies defined:

    • Main vein zone

    • Sheeted Vein Zones

*Sampled down-dip along shallow dipping alteration zone; not true width.
+logged as transported material from Main Vein target

 

ECHBARA GOLD PROJECT

  • 200km² exploration license granted; 25km west of Dorothe

  • 2km long by 150m to 200m wide 100-300ppb soil anomaly defined by United Nations Development Programme (UNDP)

  • Historic trenching results of 58m @ 1.31g/t Au, 30m @ 1.25g/t Au by UNDP

  • Located along contact between quartzites and schists and within proximity of large granitic intrusion

  • Exploration upside along prospective contacts and through-going faults

view from quartzite ridge looking south east over echbara mineralised zone

view from quartzite ridge looking south east over echbara mineralised zone

 
echbara.png
 

AM OUCHAR GOLD PROJECT

  • 200km² exploration license granted; 70km south-east of Dorothe

  • Historical UNDP trenching results including 20m @ 6.8g/t, 16m @ 4.7g/t and 12m @ 5.7g/t Au

  • Individual 2m composite grades up to 33g/t Au

  • Gold hosted within 2-5m thick, shallow dipping quartz veins within hematitic schists 

significant scale hard rock gold artisanal workings at am ouchar (people in foreground for scale)

significant scale hard rock gold artisanal workings at am ouchar (people in foreground for scale)

AM OUCHAR.png