BWA Group Plc Reconnaissance Site Visit to Dehane and Nkoteng Heavy Mineral Sands Projects, Cameroon
16 10월 2023 - 3:00PM
UK Regulatory
TIDMBWAP
16 October 2023
BWA Group PLC
("BWA", or the "Company") (AQSE: BWAP)
Reconnaissance Site Visit to Dehane and Nkoteng Heavy Mineral Sands Projects,
Cameroon
BWA Group plc [AQSE: BWAP], which has mineral exploration licences in both
Cameroon and Canada and is quoted on London's AQSE Growth Market, provides an
update on its Dehane and Nkoteng rutile sands licences including the recently
granted Dehane 2 and Nkoteng 2 rutile sands Licences, located in Western and
Central Cameroon ("Dehane 2", "Nkoteng 2" or the "Project").
Dehane 2 is located 166 km to the southwest of Yaoundé, and 70 km from the deep
seaport and industrial zone of Kribi.
The Dehane 2 licence covers an area of 54 km2 and includes an additional 14 km
of strike length of the Nyong river system, an area known to be prospective for
Ilmenite, Rutile, Zircon and Kyanite heavy mineral sand mineralisation.
Moreover, the licence covers some 20 km of the mouth of the Nyong river and
estuarine environment as it empties into the Gulf of Guinea.
Nkoteng 2 is located 60 km to the northeast of Yaoundé.
The Nkoteng 2 licence covers an area of 494 km2 and includes an additional 50 km
of strike length of the Senaga river system, an area known to be prospective for
Ilmenite, Rutile, Zircon and Kyanite heavy mineral sand mineralisation.
A version of this announcement including maps and photographs can be viewed on
the Company's website,http://www.bwagroupplc.com/bwa-announcements.html
Summary
A five-day reconnaissance prospecting site visit was conducted to the Dehane and
Nkoteng licence groups, incorporating new licences Dehane 2 and Nkoteng 2,
between the 18 and 22 of July 2023 for the purpose of target verification in
advance of the next phase of systematic reconnaissance and potential resource
auger drill programmes, planned for commencement Q4 2023.
During the 5-day visit, 34 shallow auger and surface samples were taken (Table
1). The table presents the sample details. The sample analysis is currently
pending. The samples are being sent to Mozambique for separation testwork and
HMS and XRD analysis.
The field party observed coarse and medium-grained ilmenite, rutile and kyanite
in numerous thin continuous horizons, stacked upon each other throughout the
riverbanks, floodplains and beach sands.
The amount of heavy sand mineralisation along the riverbeds and towards the
mouth of the Nyong river was very noticeable and provides encouraging evidence
for the potential economic accumulations of heavy mineral sands within this
marine/estuarine environment and certainly justifies further follow-up
exploration.
A river mouth can lead to a change in flow conditions that can cause the fluvial
system to deposit any supplementary sediment including heavy mineral sand (HMS)
it is carrying, where potentially economic accumulations of HMS are found within
the lowest energy zone on the beach, the swash zone.
Table 1
+--------+----+------------+-------+------+------+------+
|Hole ID |From|To |Licence|East |North |Weight|
+--------+----+------------+-------+------+------+------+
|BWDD_001|0 |1 |NK1 |821071|495543|9.425 |
+--------+----+------------+-------+------+------+------+
|BWDD_001|1 |2 |NK1 | | |11.81 |
+--------+----+------------+-------+------+------+------+
|BWDD_001|2 |3 |NK1 | | |13.273|
+--------+----+------------+-------+------+------+------+
|BWDD_002|0 |1 |NK1 |820826|495238|11.653|
+--------+----+------------+-------+------+------+------+
|BWDD_002|1 |2 |NK1 | | |14.95 |
+--------+----+------------+-------+------+------+------+
|BWDD_002|2 |3 |NK1 | | |11.11 |
+--------+----+------------+-------+------+------+------+
|BWDD_003|0 |1 |NK2 |750634|485112|11.591|
+--------+----+------------+-------+------+------+------+
|BWDD_003|1 |1.60 |NK2 | | |8.139 |
+--------+----+------------+-------+------+------+------+
|BWDD_004|0 |1 |NK2 |750074|483807|8.869 |
+--------+----+------------+-------+------+------+------+
|BWDD_004|1 |2 |NK2 | | |12.721|
+--------+----+------------+-------+------+------+------+
|BWDD_004|2 |2.15 |NK2 | | |4.206 |
+--------+----+------------+-------+------+------+------+
|BWDD_005|0 |1 |DH1 |618266|381652|9.909 |
+--------+----+------------+-------+------+------+------+
|BWDD_005|1 |2 |DH1 | | |11.226|
+--------+----+------------+-------+------+------+------+
|BWDD_005|2 |3 |DH1 | | |10.099|
+--------+----+------------+-------+------+------+------+
|BWDD_005|3 |3.44 |DH1 | | |5.613 |
+--------+----+------------+-------+------+------+------+
|BWDD_006|Sand from Nyong |DH1 |619945|386355|4.735 |
+--------+----+------------+-------+------+------+------+
|BWDD_007|0 |1 |DH1 |608060|342547|11.167|
+--------+----+------------+-------+------+------+------+
|BWDD_007|1 |2 |DH1 | | |9.59 |
+--------+----+------------+-------+------+------+------+
|BWDD_007|2 |3 |DH1 | | |10.574|
+--------+----+------------+-------+------+------+------+
|BWDD_007|3 |4 |DH1 | | |11.631|
+--------+----+------------+-------+------+------+------+
|BWDD_008|0 |1 |DH2 |607985|342726|12.135|
+--------+----+------------+-------+------+------+------+
|BWDD_008|1 |2 |DH2 | | |8.395 |
+--------+----+------------+-------+------+------+------+
|BWDD_008|2 |3 |DH2 | | |7.113 |
+--------+----+------------+-------+------+------+------+
|BWDD_009|0 |0.65 |DH2 |607969|342752|16.508|
+--------+----+------------+-------+------+------+------+
|BWDD_010|0 |1 |DH2 |607940|342829|10.344|
+--------+----+------------+-------+------+------+------+
|BWDD_010|1 |2 |DH2 | | |12.736|
+--------+----+------------+-------+------+------+------+
|BWDD_011|0 |1 |NK1 |823659|498022|10.876|
+--------+----+------------+-------+------+------+------+
|BWDD_011|1 |2 |NK1 | | |16.306|
+--------+----+------------+-------+------+------+------+
|BWDD_011|2 |2.50 |NK1 | | |4.082 |
+--------+----+------------+-------+------+------+------+
|BWDD_012|0 |1 |NK1 |810055|489880|8.936 |
+--------+----+------------+-------+------+------+------+
|BWDD_012|1 |2 |NK1 | | |10.544|
+--------+----+------------+-------+------+------+------+
|BWDD_012|2 |3 |NK1 | | |11.36 |
+--------+----+------------+-------+------+------+------+
|BWDD_012|3 |4 |NK1 | | |10.939|
+--------+----+------------+-------+------+------+------+
|BWDD_013|Dehane Beach Sand|DH1 | | |3.198 |
+--------+----+------------+-------+------+------+------+
| |Total Weight | | | |345.76|
+--------+----+------------+-------+------+------+------+
Geology and Geological Interpretation
The Dehane licences are located on the Western Cameroon Domain, which extends
along the border between Nigeria and Cameroon. This domain consists of a series
of medium-grade to high grade schists and gneisses of volcanic and volcano
-sedimentary origin, intruded by later-stage granitoid complexes, the basement
rocks are source of heavy minerals.
The Nyong river is the main river which runs through the licence areas. The BWA
licences allows access to approximately 60 km of the prospective Nyong river
floodplain system, deltas, and associated tributaries.
The licences encompass a large active river system and an even larger paleo
-floodplain area, and marine coastline observed in satellite imagery, although
this has yet to be fully ground-truthed through fieldwork. This paleo-floodplain
is likely to be a significant target for exploration and covers the length of
the river with an initial expected width of over 2 km in the north and
increasing in the south. Other rivers of various importance are found there:
Owoumbé, Nkoudou, Bidinga, Mbebe, Mboke, and Ongué.
The Dehane area has been known for some historic small scale artisanal
historical rutile mining. However, the extent of its exploitation has not
translated to concentrated modern exploration.
The prospective Sanaga river is the main river which runs through the BWA
Nkoteng licences area and accommodates approximately 100 km of the river
floodplain system and associated tributaries, and an even larger paleo
-floodplain area, as observed in satellite imagery. The geological sequence
generally consists of a cover of clays, overlying the target deposit layer
consisting of sands and gravels, generally laying directly on the bedrock.
Nkoteng is located within the Yaoundé Domain of the Pan African Belt, a large
nappe unit that has been thrusted southward onto the Congo Craton and is
characterised by low-grade to high-grade garnet bearing metamorphosed schists,
gneiss and orthogneisses.
James Butterfield, interim Non-executive Chairman of BWA, commented:
"We are pleased to have conducted a further reconnaissance and verification site
visit to the Dehane 2 and Nkoteng licences and are extremely encouraged by the
evidence of heavy mineral sands that have been observed on the prospective
beaches and riverbank settings in and around the licence. BWA look forward to
defining a more comprehensive study plan and exploring the licence in a more
systematic and thorough manner in the near future."
Competent Person's Statement
The information in this report which relates to the BWA Dehane Project is based
upon and fairly represents information collected and compiled by Mr Emmanuel
Simo, MSc., Senior Geologist and Chief Geologist for BWA, who is a Member of the
Australian Institute of Geoscientists.
The results were reviewed by Mr J.N. Hogg, MSc. MAIG, Principal Geologist for
Addison Mining Services (AMS) and Non-executive Director of BWA Resources (UK)
Limited.
Mr Simo and Mr Hogg have sufficient experience relevant to the style of
mineralisation, the type of deposit under consideration and to the activity
undertaken to qualify as a Competent Person as defined in the JORC Code 2012
edition of the Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves.
Mr Hogg has reviewed and verified the technical information that forms the basis
of and has been used in the preparation of this announcement, including all
sampling and analytical data, and analytical techniques. Mr Hogg consents to the
inclusion in this announcement of the matters based on the information, in the
form and context in which it appears.
Forward Looking Statement
This announcement contains forward-looking statements which involve a number of
risks and uncertainties. These forward-looking statements are expressed in good
faith and believed to have a reasonable basis. These statements reflect current
expectations, intentions or strategies regarding the future and assumptions
based on currently available information. Should one or more of the risks or
uncertainties materialise, or should underlying assumptions prove incorrect,
actual results may vary from the expectations, intentions and strategies
described in this announcement.
No obligation is assumed to update forward looking statements if these beliefs,
opinions and estimates should change or to reflect other future developments.
Two samples were taken outside of the licence and despite being an upstream
extension or similar geological / depositional setting, the samples by no means
indicate that the material in the licence is of economic quality and neither BWA
nor the Competent Persons draw any conclusions from these samples. The samples
were taken in good faith to act as a guide to potential mineralisation in the
general area.
For further information on the Company, please visit
http://www.bwagroupplc.com/index.html or contact:
BWA Group PLC +44 (0) 7770 225 253
James Butterfield enquiries@bwagroupplc.com
Chairman
Allenby Capital Limited +44 (0)20 3328 5656
Corporate Adviser
Nick Harris/Lauren Wright
This information was brought to you by Cision http://news.cision.com
END
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