TSXV: NMI 0.29 -0.01

Otjiwarongo Rare Earths and Gold Project

Otjiwarongo is another early stage conceptual target. The area is almost completely under sand/soil cover however, airborne magnetic and satellite imagery data indicate the possibility of an alkaline intrusive complex. It is therefore considered prospective for rare earth elements or fluorspar similar to the Okorusu carbonatite complex which hosts the Okorusu fluorspar deposits. The same area may be prospective for gold, based on the premise that extensions of the Okonguarri Formation which hosts the Otjikoto and Navachab gold mines, trends through the area.

The area will be assessed by selective soil sampling with particular attention to the magnetic anomalies which can be indicative of either the alkaline intrusive complexes or sulphide mineralization associated with gold as is characteristic of the Otjikoto deposit.

 

Otjiwarongo project area (EPL 5847) showing airborne magnetic imagery and area proposed for detailed soil survey

 

Highly experienced soil sampling teams will systematically cover key magnetic anomalies at Otjiwarongo