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City of Gold


City of Gold Project located in Myanmar

  • 465 square kilometers – On site hydropower, water & infrastructure
  • Covers >100 surface gold mines
  • Mining areas cover >50 square kilometers
  • Large surface mining gold tonnage potential
  • Large porphyry related system
  • Large gold/copper potential at depth
  • Low cost heap leach process
  • Cenozoic ARC has yield 26 major gold/copper discoveries
  • City of Gold mineralization covers a large area located between two crustal-scale, dextral regional fault zones, within the Cenozoic ARC, similar to the Grasberg mine, which contains the world’s largest gold Reserves (100Mozs) and the second largest copper Reserves (24MT)

 

 

Myanmar now open to host major discoveries

  • Has the world’s largest VMS zinc/lead deposit
  • Mega copper deposit (2 Billion Tons)
  • World’s largest tin/tungsten mine
  • Only minor exploration due to 40 year’s conflict
  • Democratic elections in 2011
  • US sanctions lifted in 2012
  • Mining law changes in 2012 for investment
  • Myanmar hosts 1000km of Cenozoic ARC strike
  • Myanmar now open to host major discoveries

AP-4 – Approved Myanmar Mineral Permit
Covers an area of 428 square kilometers &lies adjacent to the Bawdwin VMS mine (105 MT at 8% Zinc Eq.)
All the world’s mega VMS deposits are locally repetitive
The Mega Bawdwin VMS deposit hosted volcanic significantly extends through AP-4
AP-4 covers 10 advanced priority areas, numerous anomaly zones an >5,000ppm zinc & lead.
Includes the Dead Buffalo Creek target assayed 56% lead, 4% zinc & 305 g/t silver

World class mineral discoveries are now at depths of over 1000 meters, both City of Gold & AP-4 have identified large scale surface mineralization

Comments from field investigations of City of Gold by Dr. Murray Hitzman:

“Appears to encompass the high level of a large porphyry related system”

“Potential to contain a large bulk tonnage gold/copper deposit at depth & clearly has the potential for significant tonnages of high-grade gold bearing material at surface”

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