Bisha Regional Exploration Program


Bisha Exploration Photo

 

Latest Exploration News

DEC 01, 2015

 

Bisha Mining Continues to Intersect High Grade Mineralization at Harena

SEP 16, 2015

 

Bisha Mining Further Expands Harena Mineralization

JUN 18, 2015

 

Bisha Mining Discovers New Massive Sulphide Deposit at Bisha

APR 28, 2015

 

Bisha Mining Continues to Expand Harena with High Grade Drill Results

Harena

Harena VMS (Volcanogenic Massive Sulphide) is situated on the Harena Mining License. Harena is 10 km south of the Bisha Main deposit. Harena was discovered in 2005 following the drilling of a gossan zone associated with felsic volcanic rocks. Harena has a small open pit reserve (see Project Description for details) which was mined for oxide gold-silver ore in 2012/2013.

In 2014, exploration drilling was renewed at Harena to explain the large alteration signature of the deposit. The drilling in 2014 was highly successful and the results are summarized in a news release from December 2014. The resulting increase to Harena resources was announced February 3, 2015.

In 2015 success continued with select high grade intercepts:

HX-040:

1.8% Cu

5.8% Zn

0.5 g/t Au

31 g/t Ag

over 32 m

HX-041:

1.1% Cu

3.0% Zn

0.6 g/t Au

36 g/t Ag

over 50 m

HX-050:

1.7% Cu

6.6% Zn

0.4g/t Au

28g/t Ag

over 67m

4.6% Cu

3.4% Zn

1.0g/t Au

63g/t Ag

over 22m

HX-051:

1.1% Cu

3.6% Zn

0.4g/t Au

22g/t Ag

over 74m including

4.2% Cu

1.2% Zn

1.0g/t Au

62g/t Ag

over 11m

HX-066

2.0% Cu

1.2% Zn

0.9g/t Au

86g/t Ag

over 25m

HX-069:

0.8% Cu

5.0% Zn

0.4g/t Au

14g/t Ag

over 115m

HX-071:

0.7% Cu

7.9% Zn

0.3g/t Au

17g/t Ag

Over 50m

 

Bisha Main

Bisha Main makes up over 96% of Bisha reserves. More information is available from Project Description page.

The Bisha Main deposit remains open in several directions. In the north end of the current open pit constrained resource the deposit is open, bottoming in high grade primary resource. On strike, the deposit is prospective for both primary and supergene copper mineralization as the deposit trends under a hill next to the pit that has a corresponding geophysical anomaly.

 

Northwest Zone

The Northwest Zone VMS lies within the Bisha mining license. The Northwest Zone is 2 km from the Bisha Main deposit. Bisha views the Northwest Zone as a potential source of supplemental feed for the processing plant at Bisha. The feed would provide additional cash flow as an extension to mine life without significant capital expense.

Geological mapping of the Bisha area in 2002 identified altered felsic volcanic rocks to the northwest of the (future) Bisha Mine with a coincident strong airborne EM response. In the fall of 2003, diamond drilling intersected potentially economic widths of copper, gold and silver massive and stringer sulphide mineralization. Follow up drilling in 2004 - 2006 and 2012 - 2013 identified copper and zinc VMS mineralization over a strike length of 800m that remains open to the northeast, southwest and at depth.

The favorable horizon north and south remains highly prospective.

Resources - NW Zone

Maiden resources were declared at Northwest Zone in February 2014.

Hambok

Hambok VMS is a satellite deposit located 16 km southwest of the Bisha mill on the Mogoraib River Exploration License. Bisha views the Hambok deposit as a potential source of supplemental feed for the processing plant at Bisha. The feed would provide additional cash flow as an extension to mine life without significant capital expenses.

The Hambok massive sulphide body is a steeply east dipping, lenticular body. The massive sulphide body extends for over 1,000 m along strike, approximately 350 m down dip and is up to 75 m thick in the center of the lens. The ore body remains open along strike to north and south and down dip at depth.

No further work is planned in 2015 but the Hambok region remains highly prospective.

Resources - Hambok

Maiden resources were declared at Hambok in February 2014.