|
Property |
Location |
Deposit Type |
Interest |
Status |
|
Braúna Gold |
Brazil |
Lode Gold |
100% |
800 metre long-quartz vein system with
grab-sample gold grades ranging between 0.19
oz/t and 0.68 oz/t. |
Braúna Gold Occurrence (100% interest)
Vaaldiam’s Braúna claims are located
within an important gold producing Rio Itapicuru
Greenstone Belt, which hosts Yamana Gold’s Fazenda
Brasiliero Mine and several advanced exploration
projects where both open pit and underground gold
reserves and resources have been delineated. Gold
occurrences within the Rio Itapicuru Greenstone Belt are
associated with hydrothermally altered shear zones that
occur within supracrustal rocks at the margins of
granitic intrusions. Mapping on the Braúna property has
outlined several intrusive units and it is along their
sheared margins in complex networks of quartz fault-fill
veins that gold mineralization has occurred. In 2012, Vaaldiam will engage in further geochemical sampling,
geological mapping and trenching in order to assess the
potential of known gold anomalies within the Braúna
property and evaluate other potential regional targets.
Results from these efforts will be used to identify
priority drill targets on the property.
Historically, along with artisanal
diamond mining and intense exploration activities, the
area has been the target of small-scale gold production
by garimpeiro operators; however, the gold occurrences
on the Braúna claims remain untested by modern methods.
