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Re: bulldog21 post# 22346

Tuesday, 03/23/2010 4:53:26 PM

Tuesday, March 23, 2010 4:53:26 PM

Post# of 36553
3 anomalies and more land? Huh? Felsic and Malfic geography. Huh? Probably not just gold found either. Huh? Do your DD people on Geography and region and then re read the report below. Sure may take time, but with a solid company in some of the last stages of its exploration program and a retired 504k ... low float - won't take half as long as you ALL think.

Pretty good at reading dd and geo reports now....Think as you said many people did not read this 34 page report or didn't understand it?





http://www.viprindustries.com/

http://www.VIPRIndustries.com/VIPRIndustries/images/pdf/Exploration%20report%20-%20Msangachuki.pdf



2.2 Local Geology

Based on the recent reconnaissance mapping completed by JICL, the Msangachuki prospect is mainly covered by Neogene sediments with lack of outcrops (Figure 5). Quartz pebble and mottled clay occur in some parts of the property. Beside this, the area is located within the Archaean granitoid terrain of Tanzania which is underlain by Archaean greenstone rocks similar to those dominating in the Lake Victoria Goldfield.

The northeastern area of the property marked by magnetic low represents granitic rock lithology underneath due to abundance of light brown sandy clay soils. There are also narrow shear zones distinctly defined in the central and south western part of the tenement. The shears are possibly flooded with silica (silicified) or quartz veining.

In general the Msangachuki tenements geology comprises greenstone rocks and minor granitic rocks (NE). The greenstone rocks in the area include mafic volcanics, micaceous schist, quartzite and gneisses. The mafic volcanic is possibly intruded by two main N-S trending dolerite dykes; one centered at 0734600E and the other at 0733950E.

Figure 4: Quartz pebbled and mottled material from central part of the concessions

Mafic intrusions are common including a swarm of dolerite dykes. Sandstone and unsorted colluvial arkose occur at the intermediate northern vicinity of the tenements. All these units are set in an extensive basin-like graben which is locally known as the Mpondi Fault graben exhibiting undulating structural trend with a prominent NW-SE and NE-SW strike. It is geologically hypothesized that all greenstone lithologies have been overprinted in the Archaean granitoids during emplacement of the Mpondi faulting, a tectonic event which is regarded to be associated with gold mineralization within the area.

Page 10 of 34The Msangachuki formation was formed in a shallow basin developed on a nearby planed land surface with residual hills. The larger of these inselbergs were not completely buried by the deposit and now protrude through the formation; a good example is Kisinga Hill in the south-west of the area. It is suggested that the Sanzawa fault-scarp acted as a barrier on the north of the basin deposition, thus limiting north-easterly extent formation in age, and an initial erosion of the fault-scarp may well have supplied an amount of material for the deposit.





3.3 Ground Magnetic Geophysics

JICL Consultants carried out a detailed ground magnetic survey programme over the tenements using a ‘Walking’ Geometric, G-856 Magnetometer (Canadian). Ground magnetic survey aimed at locating possible geological structures and support regolith mapping of the subsurface geology as the tenement lacks rock exposures.

The survey was run N-S on lines 0733900E through to 0735100E at 100m line spacing with a magnetic pattern of 25m from 9400000N to 9398000N. Thirteen lines with a total of 8.4 line kilometers were traversed and completed during the survey (figure 6). A total magnetic intensity map is presented in the figure 4 whereas all magnetic raw data are appended to this report (Appendix 2).

There is a clear magnetic distinction between the northern and southern half of the grid separated by an undulating NE trending contact. The south western corner of the grid is characterized by very high magnetic signature while the north eastern corner of the grid is covered by a low magnetic unit. The northern and north western half of the grid is more of a smooth relatively medium magnetic signature than southern part, which could be a background signature. Generally the southern portion has a high magnetic relief compared to the northern portion.

Page 12 of 34Fig 6: Msangachuki Total Magnetic field map with grid lines (processed using Oasis Montage)

The data also shows distinct mimicking N-S trending magnetic lineaments with four broad N-S trending magnetic highs defined by the approximate long axis coordinates below. These lineaments are possibly representative of mafic units, as they are also evidenced by the stippled magnetic response.

o Lineament i : 0733946, 9398318; 0733946, 9399350 o Lineamentii:0734154,9398279;0734154,9399424 o Lineamentiii:0734366,9398028;0734366,9399684 o Lineamentiv:0734600,9398400;0734600,9400005

Page 13 of 34

The three distinct magnetic low lineaments trending N-S are also indicated as defined by approximately long axis coordinates below. These lineaments form contact zones with the interpreted magnetic high lineaments mentioned above and could possibly be faults or shear zones in the magnetic units described above. The faults/shear zones could be filled with low/non-magnetic materials such as sediments or quartz veining.

o Lineament v : 0734050, 9398288; 0734050, 9399372 o Lineament vi: 0734301, 9398063; 0734309, 9399493 o Lineamentvii:0734505,9398409;0734509,9399602

A WSW-ENE trending lineament observed, defined by the following coordinates 0734141, 9399103; 0734583, 9399203 could be a fault. The lineament exhibits visible unit displacement within the northern-low magnetic terrain. No such other distinct lineaments are observed throughout the grid.

Results from both ground magnetic survey and regolith mapping suggest that the area is mainly underlain by mafic (volcanic?) units as well as minor felsic rocks which are probably granitic or meta- sediments. The mafic units are possibly intruded by dolerite dyke trending N-S. Few drill holes are recommended to ascertain gold mineralization, lithology and structural settings.

Stay Cool & Stay Green
Nfld. Bonavista Pennisula

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