The new anomaly, which has been name d Naujombo , was identified from geochemical and geophysical datasets. It is in a similar geological setting to Kishugu, being located near a major first order splay fault off the same regional structure that transverses the Kishugu anomaly. Both anomalies are associated with very similar folded geological features.
Naujombo is an extensive, coherent, gold – in – soil anomaly which has been delineated by regional reconnaissance soil sampling conducted on a 400m x 200m grid with maximum values of up t o 131 ppb Au in the main anomaly .
The anomaly measures approximately 5km in length by 1km wide at greater than 20ppb Au and remains open in three directions. Naujombo also exhibits multi – element anomalism including arsenic, bismuth and silver, which are typical pathf inder elements for gold deposits and similar to the geochemical signature of Kishugu.
IMX CEO Phil Hoskins said the identification of a significant new target of similar scale to Kishugu was an important development for the Company’s regional exploration strategy at its Nachingwea Property.
"This opens up the gold potential of our tenements quite significantly outside of Kishugu," Mr Hoskins said. "Naujombo ticks all the key boxes thus far from a geochemical, geophysical, geological and structural perspective , pre senting as a target of equal importance to Kishugu.
While IMX’s original plan was to commence drilling at Kishugu during the June Quarter, the Company has now decided to modify its exploration approach by conducting additional exploration programs initially at both Kishugu and Naujombo.
The additional exploration, which will include extending the soil sampling at Naujombo, trenching and geophysics, is expected to commence at Kishugu and Naujombo in May 2015.
Assaying of trench material will allow closer ta rgeting of the source of the gold anomalism, and enable a better understanding of the near – surface regolith (weathered rocks). Trenching may also help determine the geology and any alteration across the package of rocks which is important for targeting spe cific lithologies, ultimately leading to better drill hole planning. "We believe this is a more logical and efficient use of the Company’s funds and will increase the potential for an early discovery once the RC rig is employed," Mr Hoskins said.
"Importan tly, this will also allow us to maintain the current development momentum which we have built up at our flagship Chilalo Graphite Project, where a Pre – Feasibility Study is underway as part of our fast – track assessment program."
