Projects

SANOUKOU Gold Concession

On June 3, 2010, Great Quest announced the results of sampling and mapping on the 24 square kilometre Sanoukou gold concession, located in Western Mali, south of and adjacent to the Company's previously sold Kenieba gold concession (Map of Sample Results on Sanoukou Concession). Because of a lack of outcrop, mapping and sampling was mainly limited to areas of orpaillage where the local miners, or orpailleurs, had dug pits in the search for gold. Sampling was primarily confined to "reject" material which had been dug out of the pits but discarded in favour of higher grade material which was typically crushed and panned by the orpailleurs to recover the gold. This news release reports on results from 212 of the 248 samples taken.

The method of mapping, described above, has defined at least 9 felsic dykes, megascopically described as albitite, within Birimian metasediments. Below is a table with results from grab samples taken along various lengths of the dykes from east to west:

Name Length
(m)
No. of
Samples
Gold Low-High
Parts per Billion
(ppb)
Average
ppb
Grams per
Tonne
Equivalent
Daganiaba 2,086 16 10 - 14,200 3,559 3.56
Daganiaba Ouest 978 4 725 - 25,975 10,614 10.61
Daganiani 3,587 26 17 - 15,962 1,932 1.93
Dansilato 2,424 31 42 - 13,937 2,248 2.25
Findikalato 2,076 26 25 - 25,975 1,726 1.73

These results are considered to be very positive especially considering the fact that the material sampled was reject material, however the results must be confirmed by drilling. Most of the samples consisted of albitite, albitite with quartz veins, saprolite and saprolite with quartz veins. The Dansilato and Findikalato dykes were traced southwest to a laterite hill where the orpailleurs were unable to dig their pits. The dykes, however, continue 565 metres to the south on the southwest side of hill. Seven samples taken over a length of 4,021 metres from one of these dykes, south of the laterite hill and north of the town of Sanoukou, averaged 6,138 ppb or 6.14 g/t gold. Also, north of the town of Sanoukou, 5 dykes occur within a width of 445 metres.

The mapping and sampling program has established multiple drill targets. The objectives of a drill program will be to determine the grade and continuity of gold in the various dykes, test for additional dykes and to determine whether gold occurs in the metasediments surrounding the dykes. Drilling is expected by December.

Great Quest has an option to acquire a 100% interest in the Sanoukou concession from the Owner, subject to a 5% carried net profit interest, by paying $137,000 over 4 years. All permits required for drilling have been issued.

The Sanoukou concession is south of and adjacent to the Company's previous Kenieba gold concessions which were recently sold to Avion Gold Corporation. It is thought that some of the albitite dykes on the Kenieba concession extend south into the Sanoukou concession.