Kurupung Regional Block

Introduction

The Kurupung River Region is an important historic diamond producer in Guyana. Diamond production in the Kurupung River Region dates from the late 19th century, with extensive alluvial deposits mined continuously since then. At present, the Kurupung River Region is producing at record levels at least partly due to an influx of Brazilian miners bringing with them process technology which, albeit crude, is much more effective in recovering diamonds, particularly larger stones.

Location and Access

The Kurupung regional block can be accessed by air, by river or by road. Charter flights are available to a dirt strip at the village of Kurupung, from which a small boat can be used to access the Company’s properties. Alternatively, a charter jet boat can be taken from the village of Parika up the Essequibo River, then up the Mazaruni River to the Kurupung River where a small boat can be utilized to access the Company’s properties. Finally, an overland route via the Puruni Road can be taken to the mouth of the Kurupung River from which a small boat can be used to access the Company’s properties. (See Figure 6)

Regional Geology and Exploration Potential

The Kurupung River Region is overlain by Roraima Formation sediments, with predominant sandstones and conglomerates deposited in a Late Proterozoic platform environment. The diamond deposits of the Kurupung River Region are product of the erosion and subsequent deposition of these rocks. The Company’s properties in the Kurupung regional block are believed to be prospective principally for diamonds.

Kurupung Regional Block

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--- Select Property/Project --- The Million Mountain Property Lower Puruni Regional Block Oko Regional Block Northwest Regional Block Kartuni Regional Block Kurupung Regional Block Potaro — Kuribrong Regional Block Mahdia — Issano Regional Block

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Figure 6