DABIA OUEST Gold Concession
On April 21, 2010, Great Quest reported results of an exploration program, consisting of soil and rock sampling and geological mapping, conducted on the Dabia Ouest gold concession early this year (Map of Sampling Results Dabia Ouest). The Dabia Ouest concession, in western Mali, is only 11.6 kilometres south of the Kenieba concessions.
The soil sample grid consists of 11 east--west lines, 500 metres apart, with samples taken every 50 metres along the lines. A total of 1,221 samples were taken from the 27.5 sq km grid which is located in the northeast corner of the concession.
All but four samples were taken from alluvium or from stream-deposited material. Below are lengths along four consecutive lines of samples anomalous in gold:
The alluvium anomalous in gold occurs along a length of the southwesterly flowing Columbo River. The silt, sand and gravel constituting the alluvium are derived through erosion from river banks and tributaries along the full extent of the Columbo River upstream from the source area of anomalous gold. As a result, the eroded material from the gold zone has been diluted by all of the sediment from upstream. Because of the low gradient of the river, the source of the gold is expected to be very close to, if not partly coincident with, the anomalous area. Great Quest management is very encouraged by these results.
The next step in exploration over the anomalous alluvium is to find the source of the gold, first through pitting and geophysics, then if necessary, drill testing. Much of the rest of the area soil sampled shows scattered samples anomalous in gold with no particular pattern.
The western part of the concession consists of scattered hills with outcrops surrounded by areas of alluvium where two major areas of orpaillage or pits, which were dug by orpailleurs for the recovery of gold, occur. One extends for 4,860 metres along the Columbo River where it turns west. The second extends along the Bilaliko River for 4,450 metres where it flows to the northwest. One sample from an outcrop of a felsic dyke along the Bilaliko River was crushed and panned. Fine gold was found. An assay of the tailings from the pan gave 1,065 parts per billion gold. The next program will consist of pitting, trenching and rock and soil sampling to further isolate the gold mineralization in the area in preparation for drilling.
Under the terms of the agreement, to acquire a 100% interest in the concession, the Company is required to pay the owner approximately $120,000 over a period of three years. The 100% interest is subject to a 5 % carried net profit interest and a 10% to 20% interest as required by the Malian Government on production. The Convention d'Etablissement permit is in place and the granting of a Arrête de la Miniere permit is awaited.
The soil sample grid consists of 11 east--west lines, 500 metres apart, with samples taken every 50 metres along the lines. A total of 1,221 samples were taken from the 27.5 sq km grid which is located in the northeast corner of the concession.
All but four samples were taken from alluvium or from stream-deposited material. Below are lengths along four consecutive lines of samples anomalous in gold:
| Line | Length of Anomalous Samples (m) |
Average Value Parts per Billion Gold (ppb) |
| Third line from north | 1,650 | 52 *1 |
| Fourth line from north | 1,000 | 38 |
| Fifth line from north | 1,100 | 34 |
| Sixth line from north | 1,700 | 35 *2 |
| *1 three samples above 200 ppb were not included in calculation *2 one sample of 1,163 ppb was not included in calculation |
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The alluvium anomalous in gold occurs along a length of the southwesterly flowing Columbo River. The silt, sand and gravel constituting the alluvium are derived through erosion from river banks and tributaries along the full extent of the Columbo River upstream from the source area of anomalous gold. As a result, the eroded material from the gold zone has been diluted by all of the sediment from upstream. Because of the low gradient of the river, the source of the gold is expected to be very close to, if not partly coincident with, the anomalous area. Great Quest management is very encouraged by these results.
The next step in exploration over the anomalous alluvium is to find the source of the gold, first through pitting and geophysics, then if necessary, drill testing. Much of the rest of the area soil sampled shows scattered samples anomalous in gold with no particular pattern.
The western part of the concession consists of scattered hills with outcrops surrounded by areas of alluvium where two major areas of orpaillage or pits, which were dug by orpailleurs for the recovery of gold, occur. One extends for 4,860 metres along the Columbo River where it turns west. The second extends along the Bilaliko River for 4,450 metres where it flows to the northwest. One sample from an outcrop of a felsic dyke along the Bilaliko River was crushed and panned. Fine gold was found. An assay of the tailings from the pan gave 1,065 parts per billion gold. The next program will consist of pitting, trenching and rock and soil sampling to further isolate the gold mineralization in the area in preparation for drilling.
Under the terms of the agreement, to acquire a 100% interest in the concession, the Company is required to pay the owner approximately $120,000 over a period of three years. The 100% interest is subject to a 5 % carried net profit interest and a 10% to 20% interest as required by the Malian Government on production. The Convention d'Etablissement permit is in place and the granting of a Arrête de la Miniere permit is awaited.
