Hamlo Target

The Hamlo VMS Prospect is one of several high priority anomalies that are part of a well-developed VMS cluster located on the south-central part of the Terer Exploration License. The prospect was identified by exploration work which showed a significant gold and copper soil geochemistry anomaly. The 2019 airborne VTEM survey then identified a strong electromagnetic (EM) conductor, coincident with VMS style geology which was mapped over one kilometer. Subsequent detailed ground gravity work defined a gravity high anomaly that appears to be related to the subsurface extension of the gossan at surface.

A 6,000 to 7,000 m drill program is currently underway on the Shire Project. This includes the drilling on the Hamlo target as well as the other high priority targets to be drilled this year. The program will targe a gravity anomaly located below the gossan at surface and will attempt to test up to three mineralized zones: the oxide cap (gossan), the Cu enriched supergene zone and the primary sulfide zone initially to a depth of 250 meters.

Following the initial phase of drilling at the Hamlo prospect, drilling will then test other high priority new targets on the Shire Project including Terer, Anguda North, Meda, and Inda.