Project 3

KARANGI PROJECT EL8402

Posted on Posted in AUML Updates, Projects

The area has been intensely prospected since the late 1800s and considerable gold production has been recorded (>16000 oz). Mineralisation style is narrow vein 0.1-1m thick, short to moderate strike length (<100m) but very high grade (up to 300 g/t gold). Data related to modern exploration has not been provided by AYM and we have not researched this aspect of the project.

Exploration carried out by AYM since 2009 has included geophysical interpretation, completion of a highresolution aeromagnetic and radiometric survey, interpretation of geophysical results, geological mapping and rock chip sampling, characterisation of historical workings and extensive geological modelling.