Projects - Brazil
KL Project
|
Licence |
Type |
Grant Date |
Holder |
Interest Earning or Held |
Royalty |
Future |
|
850080 |
EL |
26/04/2011 |
CMGM |
100% |
N/A |
N/A |
| 850081 | EL | 26/04/2011 |
CMGM |
100% |
N/A |
N/A |
| 850083 | EL | 26/04/2011 |
CMGM |
100% |
N/A |
N/A |
The Project area covers 15,014Ha.
The KL Project is located near to the Palito and São Jorge gold deposits within the Tocantinzinho Structural Corridor. Initial grab sampling of vein material from small prospector shafts has returned gold grades of 1.76g/t and 2.29g/t.
Local geology is similar to the nearby São Jorge gold deposit with strongly pyritised quartz veins hosted by altered granites. Veins are often strongly sheared and range in thickness from 1cm to 1m.