Northwest Regional Block
Introduction
In the Northwest Mining District, Sacre-Coeur holds a total of 225 medium scale prospecting permits comprising a total area of 355.7 sq mi. These properties are located in several historic gold producing areas. The table below describes the Company’s gold properties in the Northwest regional block.
| Historic District | Number of Permits | Total Sq Mi |
|---|---|---|
| Kaituma Goldfield | 96 | 151.7 |
| Mazawini Goldfield | 18 | 28.5 |
| Five Star Goldfield | 14 | 22.1 |
| Manikuru Creek | 60 | 94.9 |
| Perseverance-Munosse Creek | 37 | 58.5 |
These areas have recorded gold production since the late 1900’s as well, generally associated with highgrade quartz veining, often showing bonanza type grades. This area has recently been subject of intense artisanal mining activities mostly with the use of excavators and sluices, with the addition of a crude hammer mill to process heavily weathered primary quartz veins.
Location and Access
Access to most areas of the Northwest regional block is good. There is an airstrip located at Port Kaituma near the properties. All-weather roads developed by a major logging operation provide vehicle access to the various districts within the Northwest regional block. Branch roads for the use of tractors, 4x4 trucks and ATVs provide local access. Heavy equipment can be transported by tug and barge to Port Kaituma on the Kaituma River and then transported over the road to various work sites. (See Figure 4)
Historic and Current Gold Mining Activities
The Northwest regional block is known as an important area for historic gold mining activities since the early 1900’s. Virtually all areas described above within this regional block have hosted significant historic and current gold mining activities, including the Kaituma Goldfield, Mazawini Goldfield, Five Star Goldfield, Manikuru Creek and Perseverance-Munosse Creek. Historic mining has been principally underground mining of high grade gold quartz veins. Only limited manual historic placer mining has been conducted on the Northwest regional block, largely due to inaccessibility until recently when roads were opened by the logging operations . Improved access to the Northwest area of Guyana has resulted in a recent gold rush, consisting of both alluvial gold operations as well as a number of primary gold operations. Over twenty-five alluvial gold operations, mostly consisting of excavator and land dredging operations, are presently producing significant quantities of gold from the Northwest area. In addition, several small scale, underground primary gold mining operations are being developed or are in production.
Primary Gold Potential
The potential for large scale gold deposits in the Northwest regional block held by the Company remains virtually untested. As noted above, virtually all districts within the Company’s Northwest regional block have hosted significant historic gold mining. This along with current alluvial and primary gold mining activities on adjoining blocks make the Northwest regional block prospective for primary gold deposits of economic dimensions.
Recent Geological Activities
Australian major, BHP, recently conducted a reconnaissance exploration program over much of the Northwestern portion of Guyana, including aeromagnetic surveys, stream sediment sampling (BLEG) and soil. Much of this data is available through the GGMC. The GGMC has also completed limited geological mapping, stream sediment sampling and rock sampling for BLEG and ICP analysis, petrographic analysis and interpretation of results over portions of the Company’s Northwest regional block. This data is also available. StrataGold Corporation is presently conducting a diamond drilling program on its Tassawini Project located nearby to the east of the Company’s Northwest regional block. StrataGold has publicly reported numerous intercepts of economic width and gold grade from their drilling program.
Northwest Regional Block
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