TSX:
MDN | 0.280
Current price of gold:
US$ 1,722.00/oz



Project Summary: Isozibi

Owner

Co-ownership with Tancan, with MDN able to earn up 65% interest.

Location

Located 16 km northwest of Tulawaka (African Barrick 70%, MDN 30%).

Area

The prospect consists of 4 prospecting permits totaling 82.12 km2

Geology and mineralization

The Isozibi showing was discovered by MDN in 2005 approximately 16 km to the northwest of the Tulawaka mine plant.  The showing measured 1 km by 1km and was tested by drilling from 2005 to 2007.

  • The Isozibi project is located in the southern contact of the Rwamagaza greenstone belt, host of the Tulawaka (> 748000 oz Au) and Buck Reef (± 1.8 million oz Au) mines.
  • Gold anomaly detected by soil survey is associated with BIF forming the Isozibi hill, and located between the volcanics in the north and the grandiorite in the south.
  • The Tulawaka mine occurs in a similar geologic environment along the southern contact of the belt.