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The Adi Nefas deposit is a zinc/gold/copper VMS deposit that is approximately 10 metres wide and dips to the east at about 70 to 80 degrees. Mineralization is defined over a strike length of more than 450 metres and down to over 300 metres from surface. The main body of mineralization consists of three zones, the gold gossan zone at surface underlain by a zone of supergene enrichment with high-grade copper, gold and silver underlain by a zone of zinc rich primary sulphides.

An independent resource estimate was completed by Beacon Hill Consultants (1988) Ltd., an independent engineering firm based in Vancouver and complies with 43-101 standards. (See news release from Jan.29,2007 for details.)



Adi Nefas Inferred Resources- January 26th 2007

 

Cut-off grade

Tonnes

Gold g/t

Silver
g/t

Copper %

Zinc %

Oxides

0.5 g/t Au

419,000

2.74

41.39

0.38

0.36

Supergene

0.5% Cu

75,000

3.80

84.47

3.68

3.22

Primary

1.0% Zn

2,286,000

2.49

80.66

1.46

6.70

TOTAL

 

2,780,000

2.56

74.84

1.36

5.65

Total Debarwa and Adi Nefas Inferred Resources - January 26th 2007

 

Tonnes

Gold
g/t

Silver
g/t

Copper
%

Zinc
%

Oxides

3,141,000

 1.98

18.12

0.23

0.13

Supergene

1,572,000

1.45

32.66

5.05

0.41

Primary

3,390,000

2.06

62.49

1.69

5.56

TOTAL

8,103,000

1.91

 39.51

 1.78

 2.46