The 250-square kilometre Rakounga gold property is contiguous to the Company's Bouboulou gold concession. The Property borders Bouboulou on the west and south sides and hosts the Bouboulou 1 gold showing, which is the southern extension of the Bouboulou 2 trend. Bouboulou 1 is an active orpaillage with shaft workings that extend down approximately 80 metres.
Two of the three known gold trends on the Bouboulou concession extend onto the Rakounga property.
Rakounga also features several additional orpaillages. Koaltenga is the largest with up to 800 metres of strike length. The Porphyry orpaillage measures approximately 150 metres in length, hosted in plutonic rocks. Gounga is the smallest, measure approximately 75 metre long.
Early rock sampling done by the company has yielded positive results at each orpaillage. To date, four rock samples were collected from the Porphyry orpaillage returning elevated gold values of 19.95 gram per tonne (“g/t”) gold (“Au”), 2.57 g/t Au, and 1.175 g/t Au, respectively.
A total of eight samples were collected from workings from the Gounga orpaillage, located approximately 1000 metres south of the Porphyry orpaillage. Samples GGA-05 and GGA-07 returned gold values of 14.90 g/t Au, and 5.30 g/t Au, respectively.
Initial rock samples from dumps of the artisanal workings at the Koaltenga orpaillage returned values of 17.30 g/t Au, 2.33 g/t Au, and 1.45 g/t Au, respectively.