News

July 17, 2008

Follow That Artisan! African Aura Has A Simple, But Effective Way Of Identifying Prospective Gold Targets

By Rob Davies

Looking at a company for the first time, it’s often hard to work out which project is the one that is going to drive it forward. But John Gray, chief executive of African Aura, has no doubt that Batouri is the project that will put his company on the map. It sits in South Eastern Cameroon, 100 per cent owned by the company. The real attraction is a massive geochemical soil anomaly, called the Kambele trend, that extends 3,500 metres by 800 metres. The anomaly is defined by a 250 parts per billion (ppb) gold in soil contour and was initially identified by geophysics.

African Aura is now drilling hole 17 of a 5,000 metre programme to examine the target in detail. Mr Gray reports that 65 metres of mineralised core showing haematitic and sulphide alteration has been recovered. There’s visible gold in three of the core samples, but full assays are not available yet. They’ll be coming in the next few weeks, and African Aura non-execute director Steven Poulton was in Minesite’s offices the other day on other business, but he was able to pause long enough to issue...