KIPOI NORTH

The Kipoi North deposit is located 1km north of Kipoi Central.

In April 2009 Maiden Inferred Mineral Resource estimates were completed for the Kipoi North and the Kileba South deposits, which are part of the Kipoi Project. Both deposits are located within the boundaries of the Kipoi Project area which contains a 12km sequence of mineralised Roan sediments that also hosts the Company's flagship Kipoi Central deposit.

Further potential exists at Kipoi North and Kileba for lateral oxide extensions and the deposits are open at depth with substantial scope for expansion of sulphide resources.

Both resource estimates at Kipoi North and Kileba South represent predominantly oxide mineralisation which should be amenable to treatment in a Solvent Extraction Electrowinning (SXEW) operation.

Kipoi North and Kileba South are in close trucking proximity to Kipoi Central, offering synergies and efficiencies for future mining operation.

Kipoi North's mineralisation

 

Mineral Resource Estimate for Kipoi North

The Mineral Resource estimate for Kipoi North was prepared by Cube Consulting Pty Ltd. The resource was calculated in accordance with JORC standards and is classified as an Inferred Mineral Resource.