re: aex - people some input please/marcko 20 July 2005
The Denny Dalton Project is located approximately 70 km south south-east of the town of Vryheid in the north of the province of KwaZulu-Natal, Republic of South Africa . The project is centred on the Denny Dalton gold mine on the farm Tusschenby 411, for which gold was mined during the period 1894 to 1926.
As part of the Company’s due diligence on the project, Mabex Consulting Geologists (“MCG”) were engaged to report on the uranium and gold potential of the area in and on the old Denny Dalton Mine. The project area is approximately 4,000 hectares and includes the following farms: Tusschenby 411, Vlakhoek 548, Malta 514 and Welvergund 405.
The area has established potential for significant gold and uranium mineralisation and the nearsurface stratigraphy and mode of mineralisation appears to be well understood.
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