GOA gold anomaly limited

For those of you who think that we will have a Wafii sized...

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    For those of you who think that we will have a Wafii sized deposit with the current drilling campaign.....
    Think again!

    Here is a Blast from the past
    A report from harmony I think around 2005

    • Mineralised boulders found by CRA in 1977
    • Rock chip assayed 22g/tAu, 89g/tAg and 0.5% Pb
    • Outcropping mineralisation found in 1979
    • 1980-1982: ridge and spur sampling, mapping – Zone A
    • Drilling commenced in 1983
    • Full-suite geophysics undertaken in 1985
    • 1988-1990 CRA / Elders Resources JV
    • 1990: WR95 intersected 263m at 1.86% Cu - Golpu porphyry
    copper discovered
    Funnell, 1990; Tau-Loi & Andrew, 1998
    Resource Evolution
    • Total drilling (diamond+RC) to end 2004: 272 holes for 77,900m
    • Drilled (mostly by CRAE) on nominal 50mx50m pattern
    • Abelle completed 16 holes for 7,300m targeting Link Zone
    • Progressive increase in resource with each drilling campaign
    • 1999-2001: care and maintenance
    • 2002: Aurora explored Malaria Zone and Northern Zone
    • Link Zone discovered in 1997
    • AGF briefly acquired project from CRA in 1998
    • Harmony completed 70 RC holes for 13,200m – A, B Zones

    And after all that work and all that time they had a Resource of 6 miil oz!!

    GOA will be doing well if they manage to get a JORG of 2 mill/oz

    For the full report go to

    http://www.harmony.co.za/im/files/presentations/WGGeology_feb05.pdf
 
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