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Project Overview Tanzania
Nyakagwe Gold Project
The Nyakagwe Gold Project is located 6km north west of Barrick's Bulyankhulu Gold Mine and contiguous with Lakota Resources' Tembo Project. Africa West Minerals, through their wholly owned subsidiary Gold Rim Exploration Inc. is earning 100% of the Nyakagwe project by bringing the property to the Mining Licence category. The project consists of 46 Primary Mining Licences that have been put together by a local artisanal mining cooperative. A prospecting licence has recently been granted adjacent to and surrounding the Nyakagwe group which will increase the landholdings in an extremely strategic area. A 1400m Aircore and RC drilling program was completed in 2008 that confirmed gold mineralized quartz reefs at depth. Hole NY012 intersected quartz reef from 22m to 26m down the hole and returned 7.03 gAu/t over 4 meters including 17.75 gAu/t over 1 meter.
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