JUST LOOKING AT BIDO ALONE (NATON ) ON AIM ADMISSION DOCUMENT29 Dec 2020 15:53
JUST LOOK AT THE BIDO PROJECT (NATON) ON THE AIM ADMISSION DOCUMENT (346 PAGES IN ALL)
The target strike on the map on page 27 of the doc appears to be 8 to 9 km long and between 3 to 6 km wide in places.
The number of targets in this documents are shown to be no less than 8, namely:
1)BIDO VEIN
2) SOMIKA MINE
3) POUNI WEST (to the west of BIDO)
4) POUNI (to the east of BIDO)
5)KAGA VEIN (to the south of SOMIKA)
6) POUNI SOUTH
7) OLD ORPAILLUER AREA (to the south of POUNI WEST)
8) and to the west of all of the above KWADEMEN (north) and
9) KWADEMEN SOUTH(to the south of KWADEMEN)
If you have looked at the target areas in OMI than these look identical to those in OMI BUT we have 8 mentioned in the original AIM document.
**** MOST IMPORTANT OF ALL, the map is GEOCHEM COLOUR CODED and ALL OF THE TARGET AREAS ARE MOSTLY SHOWN IN DARK RED IMPLYING = MORE THAN 500 ppb gold ****
PROJECT AS DESCRIBED IN THE DOCUMENT
5. Naton Project, Burkina Faso
5.1. Overview
The Naton project is located 125km west-southwest of the capital Ouagadougou. The tenement lies within the Boromo
greenstone belt which is principally composed of Paleoproterozoic Birimian terrain within the West African Man Craton. This
belt also hosts the Poura gold deposit (1 to 2 Moz), situated approximately 50km to the south-southwest of the area, as well as
numerous gold occurrences. The Perkoa Volcanogenic Massive Sulphide deposit is located about 35km to the north of the area.
IGL targeted this area based on extensive artisanal gold workings and previous exploration that had identified multiple hard
rock gold targets, that had not been sufficiently tested.
5.2. Naton Project History
Canadian junior exploration company, Carlin Resources Corp (“CRC”), and Sahel Gold Mines (“SGM”), on behalf of a private
Canadian company, explored the tenement from 1996 to 2014. During this time, soil sampling, trenching and mapping of old
gold workings was completed. CRC tested 7 targets with 40 Reverse Circulation (“RC”) holes for a total of 2,836m of drilling.
SGM focussed in the far northwest of the area at the well-known Kwademen Prospect, which has a number of ancient workings.
SGM completed soil sampling, trenching, RAB drilling (1,005m in 23 holes) and diamond drilling (539m in 5 holes).
Soil sampling has been carried out over approximately 30 per cent of the project tenement. Samples have been collected on a
nominal 200m x 200m grid with infill sampling to 100m x 100m in places. There appears to have been no significant work undertaken since 2014 other than IGL’s due diligence activities.
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