Sanoula Permit: Significant drill results of 2,32 g/t over 15 m

The Sanoula permit covers 31,5 km² within a very favourable geological context. The geological sequences underlying the permit comprise carbonaceous sediments and tourmaline sandstones, known to host the Yatela and Sadiola mines operated by mining giant AngloGold- Ashanti and also the Loulo gold deposit to the South. Furthermore, the Senegalo-Malian shear zone crosses the entire permit from North to South. This deep seated regional structure is also related to gold mineralisation at Sadiola and Loulo.

Drilling (RC) carried out in 2006 and 2007 by Robex, along the Senegalo-Malian shear zone within the Sanoula permit, yielded promising gold results in tourmaline rich meta-sedimentary sequences like the ones found at the Loulo Gold Mine. The most significant results from the drilling are in hole SAR029 with 2.07 g/t Au across 10 m and in hole SAR061 with 3.60 g/t Au across 4,0 m. Also six other mineralised intervals yielded grades of 0.74 g/t to 3.75 g/t Au across widths ranging between 2.0 and 5.0 m. Mineralisation is found in a shear zone related to the Senegalo-Malian structure, where the silicified sedimentary rock formations are injected with steeply dipping quartz veins.