Projects - Brazil

Hollywood Project

Licence

Type

Grant Date

Holder

Interest Earning or Held

Royalty
(in addition to 1% CFEM Royalty)

Future
Payments

850083

EL

26/04/2011

CMGM

100%

N/A

N/A

The Project area covers 6,874Ha.

The Hollywood Project is located less than 75km southwest from the Palito and São Jorge gold deposits, also within the Tocantinzinho Structural Corridor. Locally large scale alluvial mining activity has exposed various quartz veined structures. The Hollywood and nearby St Dumon artisanal mining centres active during the 1970s, are still subject to artisanal mining activities.

The Hollywood Garimpo alluvial deposits have been mined along 15kms of a major drainage valley.  One tributary was inspected and the mullock from sluicing operations was sampled. The coarse mullock left behind after sluicing, ranging from white bucky quartz to highly pyritic breccia, assayed in the range 0.26 - 0.60g/t Au.

Hollywood Mineralised Quartz
Hollywood Project mineralised quartz veins

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