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Jan 2006 - Golden Tiger Mining

Golden Tiger Mining NL (GTX) –Establishing a Mineable Resource at Zhudong in Eastern Guangxi

  • Golden Tiger’s current projects are all located in the province of Guangxi in southern China, with most of them contained in a vast ~15,550 sqkm Exclusive Area in the Dayaoshan region of eastern Guangxi (approximately 180km x 75km with a north eastern extension of ~50km x 40km up to the boundary between Guangxi and Guangdong), ~31sqkm at Xinka Tian near Guilin in the north, and ~11sqkm at Yueli in the northwest, south of Fengshan in the “Golden Triangle”.
  • GTX use an in-house Landsat-based technique to identify major structures and potential mineralisation, followed by geochem and IP, which when combined with its managerial team’s knowledge and expertise in discovering orebodies, enables GTX to identify what areas it believes have the greatest potential likelihood of success when it starts drilling.
  • The result has been for GTX to focus initially on the four areas of Zhudong, Jin Zhu Zhou, Ying Yan Guan, and Wanan out of 33 licence areas under scrutiny in the Dayaoshan Exclusive area in which GTX has either a 76% or 82% interest with up to 3 Geological Brigades and 3 Institutes in the Guangxi BGMR. GTX is also focusing on its Yueli prospect in western Guangxi.
  • Rocks in the Dayaoshan region are predominantly from the Cambrian era and the gold orebodies are hence usually free-milling compared to the refractory “Carlin style” Triassic orebodies that are typical of western Guangxi. Drilling has initially focused on Zhudong in the breccia and skarn types of mineralisation there before targeting the deeper “plumbing system” from early December 2005.
  • After Zhudong, the next area of focus is Jin Zhu Zhou which contains a number of nuggetty gold vein sets with an average grade of 1oz/t within sampled grades ranging between 5g/t and 435g/t in good ground conditions. GTX are targeting a buried intrusive to the west as the feeder source for the stacked vein mineralisation, and intend to conduct 2 IP surveys and a geochem stream sediment survey over the general district, starting by the end of December 2005.
  • Written by: Keith Goode
  • Monday, 16 January 2006

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