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AKON HILLS

Akonolinga exploration permit

Overview

  • Ownership: 100% (Akonolinga licence held through wholly-owned subsidiary, Caminex SARL)
  • Licence area: 241.6km2
  • Renewable exploration licence for iron ore (and other minerals, including gold)
  • Location: South Cameroon, 85km North-west of the Nkout project
  • Target: 4km total strike length from three separate BIF occurrences, each 1-2km in length. The prospect was discovered as a cluster of small dipoles coincident with areas of higher ground
  • Geology: Archaean age rocks with itabirite/banded iron formations
  • Rock sampling (7 samples) has shown iron percentages up to 67% with an average of 57%. Six of these samples were enriched Itabirite and one was Itabirite/BIF
    • Magnetic survey of the Akonolinga exploration permit area


       


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