Project: | Prikro |
Commodity: | Gold |
Royalty: | 2.5% NSR |
Subsidiary: | Aeos Gold Ltd |
Location: | Ivory Coast |
Deposit Style: | Shear-hosted gold (Birimian greenstone belts) |
Key Attributes: | Small-scale mining nearby; historic Au-occurrence |
Asset Stage: | Reconnaissance exploration |
Results: | n.a. |
Next Phase of Work: | Termite mound sampling |
Deal Partner: | Stellar Africa Gold (TSX-V:SPX) |
Deal Terms: | Project Sold |
Project Overview
Aeos Gold holds a 100 % interest in the Prikro licence which comprises a single 369.5 km2 permit. Prikro is located approximately 240 km northeast of the capital of Abidjan and is accessible via a series of tracks from the towns of Agnibilekrou and Koun-Fao. Project is currently being operated by Stellar Africa Gold (http://stellarafricagold.com/). The licence was selected due to the presence of historically reported Au, Cu, Zn and Mo occurrences, prospective geology, and the existence of artisanal workings in the surrounding areas including along strike of a major NE-SW trending shear zone which is interpreted to traverse the licence area.
Prikro is located within Birimian aged greenstones which are the dominant hosts of gold deposits in West Africa; the larger deposits across the region are typically situated within structural corridors that may extend for up to 100 km along strike. The geology underlying the project predominantly includes Paleoproterozoic metasedimentary and metavolcanic units with associated granitoidal igneous complexes that have intruded along the axis and nose of a regional-scale fold structure.
Exploration Programme
The Company’s technical team have completed a first phase of exploration at the Prikro project which focused on outcrop mapping and sampling. Folded metasedimentary rocks were observed comprised of bedded metagreywacke, metasiltstone and metamudstone along with numerous diorite outcrops in the southeast of the licence. Outcrops are surrounded by an extensive regolith of variable thickness and weathering depth. A number of silicified breccia zones and quartz veins, some with intense vuggy texture, were observed both sub-parallel and oblique to the dominant foliation, locally intensive towards the core of interpreted fold hinges. The next phase of work is likely to include continued outcrop mapping and sampling over ground yet to be covered by the field team along with termite sampling over priority remote sensing targets where outcrop is less abundant.