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""Gold once again is proven to be the only viable alternative to the fragile and flawed currency reserves of the world.
Gold is internationally, a stabilizing factor in protecting the monetary interest of nations. With the implications of flexible debt based paper, monetary systems and related political consequences, the reintroduction of Gold currency can be expected.
In the midst of a Global currency devaluation scenario, one can't help but notice that while oil is supreme in the commodities arena; Gold reigns in the monetary system and has enjoyed this unique esteem for years. Gold is strategic in the protection of currency stability""
Gold Exploitation Project
The Gold Exploitation project is located near ancient Pharaonic gold mines, adjacent to the historic small town of Abu Hamed, to be reached from Khartoum by 330 km paved roads and 220 km track. The project cover 54.9 km2 of favourable geological trend. Robertson Research International RRI in 1990 and Canadian Triplepoint Consulting in 2001 tested and confirmed the potential of this project.
Background
The gold mineralization is contained in white to grey quartz veins oriented ENE-WSW to NE-SW, variably deformed and refolded, thickness varying from some dm to several meters. The extracted ore graded may reach 20 g/t Au up to 45 g/t Au in a few really rich zones (at about 40 m depth). Other vein structures are “Southern Reef”, comprising lenticular bodies of mainly white quartz, 20 cm up to 5 meters thick, strike length of 1.5 km, sampling revealed up to 18.2 g/t Au, “Eastern Veins”, represented by a series of four thin (5 cm to 80 cm) discontinuous veins, length of which is about 600 m. Systematic channel sampling yielded grades up to 24.7 g/t Au.
The company's primary exploration model is focused on locating bulk tonnage grade gold deposits that could be mined by open pit. Concentrating on the surroundings of the above mentioned primary and secondary targets means open pit mining moving and exploiting around (two tenths of a percent) 400 million tonnes of material holding at least 4 g/t Au (depth assumed down to 50/60 m). The vicinity of the primary and secondary targets was preliminarily tested (scraping) and was found to hold 0.5 g/t to 0.78 g/t Au. In comparison with, for example, the Colinas deposit (California USA, Mexico) latter deposits are analogous to the gold mines of the Mojave-Sonora Megashear that include the 5 million ounce deposits at Mesquite in California and at La Herradura in northwest Sonora (average grading about 0.5 to 1.0 g/t Au).
Potential
Assuming one tenth of a percent of the total area of 54.9 km x 54.9 km (exploitation depth 60 m) would hold 0.5 g/t Au grade minerals, i.e. about 365 million tonnes of gold holding minerals would yield 182.5 million grams of gold, i.e. about 5.87 million ounces of gold. This figure is to be increased by the gold content of the point one tenth of a percent of minerals holding at least 4 g/t Au, i.e. 35 million tonnes times (4.0 - 0.5) g/t Au yielding 122.5 million grams of gold, i.e. yielding additional 3.94 million ounces of gold. To summarize, with this careful approach about 9.8 million ounces of gold should be expected to be exploitable.
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Gold Exploitation Project
