"This is critical, as it is the first observation of a Precambrian-like banded iron formation
that is Early Cambrian in age.
Gutzmer, "Deciphering formation processes of banded iron formations
from the Transvaal and the Hamersley successions by combined Si and Fe isotope analysis using UV femtosecond laser ablation," Geochimica et Cosmochimica Acta, vol.
VTEM and magnetometer survey covering 1,700 line kilometres delineated numerous targets favourable for gold deposits associated with banded iron formations
as well as targets that exhibit high potential for massive sulphide copper, zinc, gold and silver deposits.
The 61 banded iron formation
macro-blades are manufactured by single-event core reduction with the cobbles sourced from the immediate area.
The Moussondji Est Licence and the Moussondji Ouest Licence both lie within the Chaillu Massif, a region within the ROC consisting of Archaean granite/gneiss and greenstone belts hosting a number of significant Banded Iron Formation
Improved Geological Modelling - Mapping of 2019 trenches and summer prospecting has exposed a regional-scaled, strongly folded sequence of mafic siltstones mudstones and banded iron formation
. Syn-depositional breccias in these units are a preferential host for gold mineralization.
The total MRE of 767 million tonnes at 31.9% Fe comprises an Indicated and Inferred Hematite Resource component of 102 million tonnes at 40.6% Fe ("Hematite Resource") and an Indicated and Inferred Magnetite Resource component of 665 million tonnes of Fresh Magnetite Banded Iron Formation
("BIF") at 30.6% Fe ("Magnetite Resource").
Gold mineralisation at Lucky Strike is hosted within multiple north west trending Banded Iron Formation
The results confirmed the geological model for Makengui whereby enriched oxide hematite caps overlay substantial fresh magnetite banded iron formation