Properties

KGL Masters Property Overview

Maps and Photos

The Adobe Flash Player version 9 or higher is required to view this content.

Property Description

The mineral rights for the Masters project property is held under 11 contiguous Permis de Recherches (Exploration Licences), covering 3,311.56 square kilometres, granted to MASTERS sprl and subsequently transferred to KGL MASTERS sprl.

Location and Area

The property is located in the Territories of Mambasa, Dtugu and Irumu in the Oriental Province (Province Orientale) and in the Territory of Beni in North Kivu (Nord Kivu) in the northeastern part of the Democratic Republic of Congo. The city of Beni is located on the southern part of the property.

Geology

The youngest lithology on the property is the Post Karoo, essentially a lateritc cuiriasse. The underlying Karoo formation, of black shales, elluvial and alluvial deposits lies on the Lindian. The Lindian is composed of black argillite and sandstone intercalated with arkosic sandstone, red micaceous sandstone, conglomerates and a number of basic dykes.

The Archaean Lower Kibalian formation consists of a migmatitic gneiss unconformably overlain by the Upper Kibalian formation characterized predominantly by schists, volcanics, volcanoclastics, and metasedimentary rocks. The Upper Kibalian formation is considered to be the most favourable host lithological unit for gold mineralization. Gold hosted in shear zones and quartz veins are the primary exploration targets. Near the end of the Archaean period granitic plutons, of late Kibalian age, intruded the Pre-Archean basement rocks and the earlier Kibalian formations. These granitic plutons may be spatially related to gold mineralization.

Mineralization

Gold mineralization is present in quartz veins that are being mined by artisanals on the KGL Masters Project property. The gold bearing quartz veins are predominantly hosted within gneisses and quartz - mica schists of the Kibalian formation.

Exploration Concept

Airborne geophysical surveys and regolith and stream sediment sampling surveys as well as geological mapping, diamond drilling, trenching and ground geophysics are warranted. Orogenic and/or intrusion-related gold deposit(s) are targeted.

Exploration Status

During the first half of the 1900's the property and vicinity was explored and exploited primarily for alluvial gold. During this time reconnaissance type exploration activity focused on the hard-rock potential was carried out over small selected areas. Exploration activities and exploitation of gold was virtually non-existent during the second half of the 1900's. Until now, the property has never been subjected to systematic exploration using current methods.

Recent exploration highlights:

  • 10,494 soil samples collected in 2007 and 2008 from two Licences
  • TSX Venture Exchange approved an independent NI 43-101 report on January 19, 2009
  • 6,400 metres of diamond drilling tested 5 areas in Q2 to Q4-2009; compilation of data is in progress

Related Information