Next WeekShould be interesting..
The website is back up and running and the 43-101 should be out soon. The time is our DLKMers.. We've been waiting for a long time and the time is here.
The website is update and states this "This Mkuvia Project consists of 430 square kilometers which are made up of four prospecting licenses. With early sampling indicating economic grades, this property has the potential to be a sizeable world-class alluvial gold operation. The former owner was producing between 150 to 200 ounces of gold per month with no mechanized mining equipment. A 43-101 is in the final stages of preparation and will be released as soon as it has been approved by the regulatory authorities."
They process12,000 onces of gold per year by hand... Just imagine what they will do with some machinery.
In case you forgot.... Here is what we working with.. and this is all about to climax..
Excellent Mineralization Potential
The rocks in Mkuvia Project are mineralized with sulphides like arsenopyrite, visible gold and gemstones such as sapphire and galena. Gold mineralization in the sandy alluvial were observed to host free gold developed from weathering of existing bedrock which consists ofgarnet, chlorite, clays, silica and biotite rock. This material was transported and deposited on the trough at the time of the alluvial deposit.
Economic grades seem to be consistent throughout the area of approximately 22 km by 9 km. Grades seem to increase at depth and existing operations have not found bedrock with some pits as deep as 10 meters, suggesting a significant alluvial deposit.
Douglas Lake's geological team has completed initial systematic sampling of both alluvium and hard rock with test results expected by late June. Systematic sampling and mapping work continues.
HOLD ON TO YOUR SHARES FOLKS!!! WE ARE ON OUR WAY!!!!
IMO.. GLTA!!!!!!!!!!!!!!!