TSX-V:CVB Volume : 0 Change : 0.00 Last : 0.02 Day High : N/A Day Lo: N/A Date : 5/16/2013
Map 1: "Solabougouda location in Mali"
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In January 2011, Africa Mining was granted an additional permit, Solabougouda. Solabougouda is located 245km SSE of Banako in the Birimian Gold Belt. The permit covers an area of 188km2. It is also located about 60k east of the 1m oz Kalana mine (Avnel)
Since the permit was awarded, Africa Mining has conducted some reconnaissance work that has identified features similar to the Yanfolola East Shear zone.
The permit is considered highly prospective.
Interpretation of the high-resolution airborne magnetic and radiometric data collected last May is in its final stage. Newly compiled geological maps and targets derived from the survey will be released shortly.
Geochemical sampling, mapping and trenching has now started on the Solabougouda license over new targets identified from the high-resolution aeromagnetic survey.