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LVCA.OTCBB

Buhemba Gold Project

Lake Victoria Mining Company Inc. holds 100% interest in the Buhemba Gold Project.

The Buhemba Gold Project, comprise essential of 2 Prospecting licences which have been reduced by 50% on renewal of the licences according to Government regulations. The shed off areas were immediately re-applied as a separate licence in order to keep both licences intact. The total area of the combined licences amount to 107km2 (Table 1, Figure 1).

Table 1. Details of the 4 prospecting licences that are collectively referred to as the Buhemba Gold Project

License ID Area (km2)
PL 2979/2005 33.86
PL 5919/2009 34.92
TOTAL AREA 107.24

 

Figure 1. Location map of the Prospecting licences that comprise the Buhemba Project

click on to enlarge

1. Location and Access

The Buhemba Gold Project is in the administrative district of Musoma. The project is accessible either from the main tarmac road, 203km NW from Mwanza or 33km south of Musoma town.

2. Physiographic, Climate, Vegetation and Water

The area is characterised by two rainy seasons: the main rains falling in March to April and a lighter period of rain beginning in October and continuing sporadically through to December. Typically, the annual rainfall averages between 760mm to 1270mm. The Nyagubu and Rwako rivers, flowing westwards into Lake Victoria, drain the project area.

Topographically, the area is generally undulated with granitic hills in the southern and central parts. The highest point is approximately 1550m above mean sea level in the south eastern part of the project area. Most of the area is covered by subsistence farming of cassava, sorghum and maize. Only the hills and the area underlain Nyanzian rocks are lightly covered by forest and thick bush.

3. History of the property

Three areas of colonial/artisanal workings are present on PL 4892 and PL 2344:

  1. Magendagenda consists of 2 shallow workings spaced some 500m apart along a N-S shear zone.
  2. Nyabukamu, located approximately 2km NNW of Mgendagenda along the sheared granite/greenstone contact
  3. Kiharagweta, located approximately 1km NNW of Nyambaku within N-S trending quartz vein hosted by an inlier of basaltic rocks.

Rand Gold investigate these PLs between October 2003 to October 2006 in which they undertook regional soil sampling, mapping with follow-up trenching and pitting. Artisanal working defined the main soil anomalies which lie along a N-S to NNW-SSE strike direction closely associated with granite/greenstone contact in the south-western part of the licence. The artisanal area has been covered by 6 Private Mining Licences (PML) having dimensions of 500m x 800m.

4. Regional Geology

The area is largely underlain by the Archaean Nyanzian Supergroup suite of granitic rocks (the Musoma Series). These have been uncomformably overlain by basal conglomerates (with fragments of Nyanzian rocks), feldspathic grits, argillites, banded iron-formation and minor volcanic rocks of the Kavirondian System.

The central part of PL 4892/2007 consists of basaltic rocks of the Nyanzian Supergroup enclosed by younger foliated and unfoliated granites. Shearing has occurred along the western contact of the basaltic rocks and the granite resulting in a number or generations of quartz veins. Chloritization and local silicification, with minor Fe-oxidation is present in the basalt wall rocks. A graphitic metasedimentary unit interbedded within the basalt contains disseminated pyrite and quartz veinlets.
The main structural trend within this licence lies mainly between the NW and NE strike directions.

5. Exploration Strategy

A field investigation of the work undertaken by Rand Gold has already been completed which has confirmed the presence of at least 4 areas of artisanal workings. Follow-up exploration is planned to target the known areas of artisanal mining as well as to investigate the western sheared basalt/granite contact in PL 4892/2007.

Although the PMLs of the artisanal workings do not form part of the PL licence, the owners would be amenable to enter a JV agreement.
Pole-Dipole traverses are planned across the sheared contact in order to prioritise a follow-up RC programme to be scheduled for 2011.

No work has yet been undertaken on either of the two PLs 2979/2005 and 5159/2009 SE of Buhemba town (Figure 1). Soil sampling on 200m x 50m centres are planned across the licence outside the mbuga-covered areas, as well as gradient IP survey and mapping. Results from these will dictate the next phase of exploration.