Drilling Operation

The Grand Gedeh Mine area is approximately 330 km² and is located within Grand Gedeh County in eastern Liberia. Recorded gold mining operations in this region date as far back as the late 1930s. One area known to contain the precious mineral is the Barteajam area, which forms part of the company’s 330 km²  mining area  that indicate a large gold and diamonds deposit consisting of high-grade epithermal gold and diamonds veins and gold-base metal veins superposed on older gold-copper porphyry mineralization. The high-grade veins in the deposit have never been modeled or included in historic resources and estimates yet provide the highest gold endowment in the deposit.

The optioned area has the potential to host a multi-million ounce gold deposit. The Barteajam area has been exploited by artisanal miners since the 1940s. It is located east of the Cestos Shear Zone and host to numerous gold deposits.

Geography: 

Grand Gedeh County is located in southeastern Liberia, bounded on the Northwest through the North by Nimba, on the Northwest through the East by the Cavalla River forming the boundary with Cote d’Ivoire, on the South by River Gee County, and on the Southwest by Sinoe County. The total land area of Grand Gedeh County is 10,276 km”, which is about 9.22% of the total land area of Liberia.

Climate: 

The climate of Grand Gedeh County, like many parts of Liberia, is determined by the Country’s geographic position near the equator and Atlantic Ocean. Temperatures are warm throughout the year with extremely high humidity. The climate is characterized by little seasonal change of temperature and humidity, but by changes between day and night. There are basically two seasons, rainy and dry, which are marked by variation in precipitation. These seasonal patterns result from the movement of high and low pressure belts caused by the changing angle of the sun. The rainy season runs from April to October, while the dry season runs from October The average annual rainfall of Grand Gedeh County ranges from 76 inches in the upper or northern part to 107 inches in the lower or southern part. Average temperature is 77.5º F (25.5ºC)

Topography: 

Grand Gedeh is categorized under the highlands of Liberia, which is generally characterized by plateau and mountain ranges up to 1,000 ft (300 M). Important mountain ranges are the Puto and Tiempo. The hilly terrain is an impediment to road construction; gradients are steep and irregular, and the river valleys are V-shaped and narrow in their upper reaches.

Geology:

The soils are not unlike those of the rest of the country, generally amenable to a variety of agricultural uses. The rock of the County forms part of the West African croton, recognized by its stability and general absence of tectonic activity during the last 2,500 million years.