The Vatu Aurum Project
Discovering Fiji’s next gold epicentre
Main target is Qiriyaga Hill and nearby Vuinubu Ridge
Exhibits epithermal gold mineralization style
Historical work includes 9,479m of diamond drilling, 50% was done by Placer Pacific, concentrated in the resource area at Qiriyaga Hill
Needs further drilling and resource definition in the immediate area of Qiriyaga Hill and Vuinubu Ridge to expand the resource*
Exploring with in-house drill — low costs, responsive, efficient
Multiple gold prospects and favourable geology
Fourteen prospects in addition to Qiriyaga Hill-Vuinubu Ridge mineralization
7 historical prospects; 7 new discoveries
HISTORICAL PROSPECTS INCLUDE:
Mouta: grades of 23% Cu, 490g/t Ag and 3.1g/t Au in 435t mineralized materials (Rickard, 1961)
Wainikoro (Daloga Mine): mined manganese and copper in 1956-1960
No modern exploration applied to historical prospects
Limited sampling and mapping on new prospects
QIRIYAGA HILL: SIGNIFICANT DRILL CORE INTERCEPTS
| Drill Core Intervals | ||||
|---|---|---|---|---|
| Hole ID | From (m) | To (m) | Width (m) | Au (g/t) |
| FCD08 | 0 | 4 | 4 | 10.79 |
| KCD02 | 17 | 20 | 3 | 5.25 |
| and | 26 | 27 | 1 | 5.42 |
| and | 73 | 83 | 10 | 13.36 |
| including | 74 | 75 | 1 | 59 |
| including | 78 | 79 | 1 | 16.4 |
| including | 81 | 82 | 1 | 24.4 |
| KCD14 | 47 | 50 | 3 | 10 |
| including | 48 | 49 | 1 | 18.45 |
| KCD17 | 61.25 | 70 | 8.75 | 36.02 |
| including | 61.25 | 66 | 4.75 | 64.12 |
| and | 76 | 86 | 10 | 27.18 |
| including | 80 | 83 | 3 | 69.03 |
| including | 81 | 82 | 1 | 120 |
| KCD18 | 64 | 70 | 6 | 15.88 |
| including | 64 | 65 | 1 | 25.5 |
| and | 68 | 70 | 2 | 27.98 |
| KCD20 | 51 | 57 | 6 | 9.41 |
| including | 52 | 54 | 2 | 22.78 |
| KCD22 | 26 | 46 | 20 | 6.92 |
| including | 30 | 35 | 5 | 17.4 |
*selected high grade core intervals, not true width.
QIRIYAGA ZONE: A 2.5KM LONG MINERALIZED POTENTIAL
2.5km lateral expansion potential indicated by gold in soil geochemistry
Drilling limited over a small area, limited to shallow depth; average depth of 127m in Qiriyaga Hill and 115m in Vuinubu Ridge
Mineralization in clusters; Qiriyaga Hill and Vuinubu Ridge only 500m apart; potential exists for a new discovery along the zone
The technical information in this webpage and elsewhere in the website was reviewed by Fred Tejada, PGeo, a qualified person as defined by National Instrument 43-101 and a director and officer of the Company.