Bassari Resources

Bassari Resources

Samabaraougou Project Map
  • Moura
  • Sambaraougou
  • Bounsankoba

Projects

Sambarabougou

The Sambarabougou permit is located within the Palaeoproterozoic Birimian volcano-sedimentary sequences and the intrusives of the Diale Series. The Diale Series lothologies commonly comprise chlorite-sericite schists and phyllites derived from the metamorphism of greywackes and argillaceous sediments. The south eastern portion of the permit is underlain by the Eburnean Saraya Granite.

The Sambarabougou permit adjoins the Moura permit to the N-W. Three anomalous shear zones have been identified by Bassari geologists. One major East-West structure runs through the Moura and Sambarabougou permit and through the major gold project of Loulo/Yalea (combined 11.35 million ounces) onto Sitakili (a newly discovered porphyry gold deposit in the east). To the north-west this structure continues through to the Sabodala permit just south of the Sabodala gold deposit. This structure is deemed highly prospective by Bassari geologists who have commenced a sampling program to define drilling targets. Limited assays to date have shown this E-W shear zone to be anomalous which warrants detailed sampling and exploration.

Sambarabougou also contains the major alluvial gold area of Douta as well as numerous other alluvial areas being mined by local miners (orpayeurs). Most of these stream sediment areas are located along the western margin of the permit, about 30 km in length. The potential for larger alluvial resources at the Douta Prospect is considerable as the primary catchment area known to be mineralised is at least 5 km long, and the entire widths of the drainages (up to 300m) have yet to be fully assessed. Gold grains and small nuggets observed are mostly angular, suggesting that the primary gold source is in close proximity to the alluvial deposits. Further assessing of the alluvial potential of Douta is considered an immediate priority for Bassari.

The Sambarabougou permit was up for renewal prior to listing and the application for its renewal has been successful. The Sambarabougou exploration permit has been renewed for a further second three year term expiring on 9 November 2010.

News & Press

  • 4 September 2008

    Douta Alluvial Results

  • 3 September 2008

    Moura Drilling Results

  • 16 April 2008

    Results of Geophysical Survey

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Reports

  • 30 July 2008

    June 2008 Quarterly Activities Report

  • 30 July 2008

    June 2008 Quarterly Cash Flow Report

  • 29 April 2008

    March 2008 Quarterly Activities Report

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