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Mansounia

Overview.
The Mansounia Exploration Licence is centred on Latitude 10º 23’N and Longitude 9º 47’ W in the Kouroussa Prefecture, Kankan Region, in Guinea, West Africa and covers a surface area of 145 square kilometres.  The project is located approximately 500 kilometres east by main highway from the capital city, Conakry, to the town of Kouroussa (alternatively 80 kilometres west by road from the country’s third largest city, Kankan, to Kouroussa), and then 50 kilometres south by minor unsealed road to the town of Kiniero, located immediately east of the concession area. Kouroussa is a small district town and the capital of the Kouroussa Prefecture.

History:

1912 to 1945 Various mapping and rock chip sampling (regional).
1948 to 1958 BUMIFOM mapping, trenching and pitting (regional).
1985 to 1987 Niandan Mining Association Data review and estimation
(regional and Jean Gobelle).
1997 to 1998

Leo Shield / Afminex soil sampling and mapping (Mansounia Licence).

1999 to 2000

Ashanti Exploration soil sampling (Mansounia Licence).

2003 to 2005 Gold Fields soil sampling, drilling and airborne geophysics, (Mansounia Licence)
2014

BLOX negotiation on acquisition of Mansounia project.

Geology:

The Mansounia property lies in the southwest margin of the Siguiri Basin, overlying the Archaean Liberian Crayton, Further geological and technical details will be made available upon completion of technical reports being prepared for the property.

Rocks in the project area have undergone deep weathering commonly showing 30m to 50m of saprolite developed over the bedrock.  Secondary gold mineralisation has been identified in the oxide profile at MGD and is reported to be similar in tenor to that which has been mined and processed via heap cyanide leach at Siguiri.  Deeper drill holes have exposed relatively thin (typically <5m), steep (~75º) north-north-east trending mineralised structures in fresh and partially weathered volcanic units.

The Story So Far.

There has been limited historical gold prospecting and artisanal mining on the Mansounia Property.  Prior to 1990, exploration in the area was limited to a variety of rock chip and mapping campaigns.  Soil sampling and mapping was carried out between 1997 and 2003.

The encouraging soil sampling programme was followed up by airborne geophysical survey (magnetics and radio-magnetics).  Gold Fields undertook the first drilling programme completing 56 Rotary Air Blast (RAB) holes and a follow up of 50 Reverse Circulation (RC) holes between 2003 and 2005.

Following the successful drilling campaign, prior to 2012, Runge Limited undertook data validation and modelling over the main vein system. The vein modelling then led on to statistical analysis and variography by Runge Limited. The project has sustained a good relationship with the government throughout the discovery and development phases.

Exploration Strategy.
Blox Inc aims to target near mine potential resource development, focusing on definition of local shoots/plunges and strike extensions.

The project’s exploration methodology is based on an uncomplicated and robust exploration strategy targeting topographic relief in structural corridors and zones of alteration. Furthermore, surface geochemistry and RC/DDH drilling and interpretation with geophysical techniques will be utilized.

Work will be carried out to potentially increase the resource base between Years 1 to 3, with a detailed follow-up soils campaign to define local geological context.


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