Black Banana

1,374.30

USD/oz

0.01

green

http://www.infomine.com/investment/metal-prices/gold/

Data as of May 22, 2013 12:19AM UTC

Key Facts

Status: Exploration
Type of Work: Surface

Location: Guyana
127 km NW of Matthews Ridge Airport

Commodities: Gold

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Latest Information

November 29, 2012
Guyana Frontier Mining Corp. acquired BLACK BANANA, Guyana.

March 30, 2009
A total of 1440 one meter deeper auger samples were taken at 50 meter intervals along parallel east-west lines spaced at 200 to 400 meter intervals. The results of the geochemical survey are pending at this time. The assay results (111.5 g/t Au - BBR33, 111.24 g/t Au - TAILS 2, 98.78 g/t Au - TAILS 3, etc) of the rock samples ranged from trace to a maximum value of 281.7 grams gold per tonne gold.

January 26, 2009
The due diligence sampling and mapping program undertaken during December 2008 has confirmed the presence of multiple high grade veins and widespread gold mineralized areas on the property. The due diligence field program indicates that gold mineralization is associated with a swarm of 1 to 3 meter wide roughly parallel diorite dikes (up to 20 meters wide in places) which crosscut undifferentiated volcanic stratigraphy. The westerly contacts of these dikes consists of blue quartz veins ranging from 20 cm to over 2 meters thick flanking the diabase dikes and containing frequent visible gold. The dikes and the flanking volcanic rocks are mineralized as well, with disseminated pyrite and mineralized quartz veinlets. Soil samples were taken at 50 meter spacing along 2 parallel east-west 1,000 meter long trial lines spaced 250 meters apart. The results of soil analysis ranged from 1 to 102 ppb Au. Plotting of these results shows good correlation of higher values on the down slope side of known quartz veins. Continuous chip sampling was undertaken across the veins and host rocks in open pits being worked by artisanal miners. In the main pit area a section of 29 meters width was sampled and returned a weight averaged grade of 1.07 g/t Au across 29 meters. Included within this 29 meter interval are 6 meters averaging 2.70 g/t Au and 6 meters averaging 2.06 g/t Au. Limited chip sampling across vein 2 returned 2.16 g/t Au over 4 meters. Values range from trace to 13.6 g/t Au over individual 1 meter intervals. Chip samples from a number of other locations ranged from 38 ppb to a high of 209.5 g/t Au across an 80 cm vein (true width 80 cm). Reported sampled intervals also correspond to true widths of material sampled.

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