VERY PROSPECTIVE GOLD & SILVER PROJECTS IN CHINA
NEW GOLD EXPLORATION PROJECT- INVESTORS ACT NOW!
Details of the Project (AKZ):
- We have a Framework Agreement with the permit owner, and have finished a three months pre-feasibility study on the property;
- The project comprises two exploration permits totaling ~20 km2;
- Many auriferous quartz vein systems have been identified by systematic geochemical and geophysical work and surface trenching along a 7 km long and 2km wide NW trending shear zone including four major orebodies;
- A small testing shaft was sunk from the surface to approximately 200m in depth at one of the orebodies. The quartz vein becomes wider and higher grade in depth: e.g. 5m wide averaging @ 13.59g/t at 120-140m deep; and about 7m wide averaging @ 29g/t at around 170m depth.
We collected two rock chips samples from the surface waste dump near the shaft. One sample has 5.5g/t Au; and the other contains 54.7g/t Au, 41.3g/t Ag and 4.63% Pb. Also, the alteration we observed from the rocks near the shaft is green mica-ankerite-silicification, very pervasive.
This project needs be financed in a restricted time frame and we are negotiating with a few potential investors. Should any party be interested in this very prospective project, please contact us ASAP while the opportunity lasts!
Ag-1, A Very Prospective Silver Project
The PS Ag-(Au) field in NE China comprises an area of approximately 58 km2 including two deposits and three prospects.
Limited work identified over 9,000,000t ores of averaging 190-290g/t Ag and 1.24-2.00g/t Au, i.e. over 2000t Ag and some 10t Au. One of the major orebodies averages 4m wide, and extends up to 2km long.
The alteration zone of the mineralization is a few 10s of meters wide, and extends for 14km. The main structure in the Ag-Au field is NNE, however, in the south of the field, the major NNE structure appears to be replaced by NS structures. Most of the orebodies contain 1-2g/t gold. There are a few gold prospects in the filed with some Hg anomalous.
Sino-QZ Group has signed a LOI with the local geological brigade, and welcomes investors for the very prospective silver-gold project.
Au-P1, A New Gold Prospective
The HY exploration project is located in NW of China. It directly surrounds two main gold deposits enclosing an area of some 30km2. The YZS deposit is one of the most significant new discoveries of high-grade gold deposit by the provincial Bureau, with milling grade over 9g/t. The other deposit is of broad alteration and mineralization zone with multiple vein systems. The potential for new discovery of both large and high-grade gold resources is significant.
The PGMB has agreed that Sino-QZ Group shall bring a third party for a JV of the exploration region directly around the two mines, ie about 30km2 exploration permit. According to the meeting with the Directors and Geo Division Chief of the PGMB, Sino-QZ Group will pay some money to gain 3 months exclusive right for evaluating the property, and negotiating for a possible JV.
Au-P2, A New Advanced Gold Exploration Project
The gold deposit is located along a major regional shear zone. From north to the south seven gold deposits occur along the major shear zone. The provincial Bureau has carried out 1:10,000 scale geological mapping and soil geochemistry for the entire region, the work also includes some trenching, drilling and a card measurement. Two major gold ore zones comprising 10 main orebodies have been identified. Over three quarters of Milt ores @ average 5.10g/t resources have been identified by the limited work. The grade normally varies between 3 and 10 g/t, up to 177.80 g/t. The mineralization is controlled by regional NE-trending shear zones, and hosted in the sub-structures of NE-trending mylonized and faulted alteration zones. Most of the orebodied are under the overburden, the orebodies are generally thin on the top, and become thicker in depth.
The Provincial Bureau has agreed that Sino-QZ Group will finance or bring a third party for a JV of the exploration region, i.e. about 12.78km2 exploration permit. According to the meeting with the Directors and Chief Geo of the PB, Sino-QZ Group will gain 1-3 months exclusive right for evaluating the property, and negotiating for a possible JV.
Au-P3, A New Potentially Significant Gold Project
This is a grassroots project, with significant potential. The main geological works has been done includes regenal 1:50,000 scale stream sediments geochem, and 1:10,000 scale geological mapping. 43 geochemical anomalous of Aus, Ag, Cu, Pb, Zn, Sb, As and Bi have been identified in the regional work, 7 of them with good potentials. In the prospect area, gold anomalous normally ranges 50ppb-2ppm, up to 10ppm gold. In the highest anomalous area of 16km2 gold values varies normally between 0.5-3ppm. The mineralization appears to be controlled by the fractures and faults along the layers and schistoses of the slate belt and phyllite. Most of the gold-quartz veins occur in strongly faulted rocks. In the direct adjacent area a gold deposit of high grade has been found by limited exploration work recently. Twelve auriferous veins haven found in the deposit, normally are 20-50m long 0.5-3.0m wide. The grade ranges 1-38.77 g/t, averaging 9.41g/t.
The owner has agreed that Sino-QZ Group will finance or bring a third party for a JV of the exploration WX region, i.e. about 54.39km2 exploration permit. According to the meeting with the Directors and Chief Geo, Sino-QZ Group pays PGEI some money to gain 1-3 months exclusive right for evaluating the property, and negotiating for a possible JV.
15 JAN 2007 // Melbourne, AUSTRALIA
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