Minvoul/Bitam is an early stage exploration project in the Archean North Gabon Massif in north Gabon. It is comprised of the Minvoul and Bitam exploration licences covering an area of 2,825 km2. The Bitam exploration licence allows the Company to explore for gold and copper in addition to iron ore.

There was very limited geological information available for Minvoul/Bitam prior to Genmin’s involvement and exploration completed at Minvoul/Bitam since 2015 included:

  • several extensive reconnaissance mapping and surface sampling campaigns, and
  • a high resolution magnetic and radiometric airborne survey comprising 25,842 line-km.

The geological mapping, and high resolution airborne and ground geophysical surveys by Genmin, have indicated approximately 317km of iron mineralisation strike at Minvoul/Bitam.

Regional shear zones and granitoid intrusives identified at Minvoul/Bitam by Genmin and historic government mapping are favourable settings for copper-gold mineralisation.

The Company’s proposed 2021-2022 work program at Minvoul/Bitam aims to better define and prioritise iron drill targets, and to assess copper-gold prospectivity.  The proposed work program includes:

  • follow-up project mapping and sampling of selected iron targets; and
  • reconnaissance mapping and sampling in geological zones prospective for gold copper mineralisation.
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