Dome Ventures Corporation

February 2009

Property Highlights:

  • One of Gabons most well known historical gold producing areas

  • Previously drilled with best results being: 3.5 g/t over 10 m and 1g/t over 14.5m

  • Sizable gold soil anomaly with proven gold mineralization (drilled) still open to the West and South

  • Numerous Artisinal gold workings unexplored over Palaeo-Proterozoic sediments

  • Area metamorphosed to greenschist-amphibilite facies

  • Area extensively folded and faulted region -providing significant opportunity for "structural traps" for later mineralization

  • Area proximal to the Ikoye-Ikobe fault, a continental scale first order structure with numerous second and third order structures coming off it

  • Interpreted to be part of an old volcanic arc system, a well documented gold mineralization system

Gabon Facts:

  • Peaceful democracy: Most recent elections in 2006

  • One of the most prosperous countries in Africa: as a result of oil production.

  • Francophone: strong friendly ties with France and neighbouring countries

  • Strong mining history in manganese and uranium

  • Implementing €35 million aid program in support of national minerals exploration

 

      Dome Ventures Corporation
      2200 - 885 West Georgia St.
      Vancouver,British Columbia
      Canada V6C 3E8

      Phone: 604 687-5800
      Fax: 604 687-4646
      E-mail: info@domeventures.com
      www.domeventures.com



Property Description
Mineral Focus: Gold

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Above: Ndjole licence and location of the La Mboumi Project (Blue)

The La Mboumi project is located in one of Gabon's historical gold fields which has been completely enclosed by Dome's "Ndjole" exploration licence. The licence covers an area of metavolcanics and metasediments interpreted to be part of a neo-proterozoic volcanic arc system. The geology is composed of of mica and graphitic schists, quartzites, metapsammites and pelites that have been strongly deformed and metamorphosed up to greenschist facies. Numerous structural disruptions, some over 50km in strike length, associated with the continental scale Ikoye-Ikobe fault in the south also crosscut the area, and are thought to be the main conduits for the gold mineralization seen in the area.
The rivers in La Mboumi region and are generally small and low energy, yet yield "angluar" gold nuggets up to 3oz in size indicating the source of the gold is likely to be from a primary source very close by. This combined with the wide spread nature of the artiznal workings also suggests that the mineralization occurs over a broad area.

PREVIOUS WORK AND RESULTS TO DATE

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Dome's Ebel soil grid with gold (A), copper (B), nickel (C), chrome (D). Also the EM (E) and Magnetic (F) survey with the soil grid location. The strong magnetic response is due to banded iron formations in the area. The orange dashed lines shows an inferred fault based from the magnetics that coincides with the EM anomaly

Previous Work: During its "Mission du Monts de Cristal" the BRGM targeted the La Mboumi region taking over 5000 stream samples, from which they identified 25 gold and basemetal anomalies. One these anomalies was followed up by a United Nations Development Program with soil geochemistry. The resulting gold target was then drilled by the Gabonese Geological Survey equivalent (The DGRM). The Drill logs from this program show all of the 7 holes drilled intercepted gold mineralization, with the best results coming from 4 of the holes being; 3.5 g/t over 10m, 1 g/t over 14.5m, 2.3g/t over 6.5m, and 1g/t over 9m.
Work done: Dome's work in the La Mboumi region has aggressively followed up the DGRM drillholes with prospecting, soil geochemistry, and geophysics. Soil results show a series of strong coherant gold and arsenic anomlies with a distinctive NE-SW trend that coincides with major structures in the area. Peak values for gold in the soils exceed 900ppb (background values are <5ppb) and remain open to the south and the west. An electromagnetic and magnetic survey flown in July 2008 by Dome shows a strongly conductive, folded carbonaceous unit that extends through the property and coincides with the soil anomaly. The carbonaceous unit is thought to represent a favourable gold deposition site for the mineralization in the area and it appears that many of the artiznal workings in the area have a spacial association with this unit.

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Above: Dome's EM survey with the gold soil results overlain. There is a strong correlation between the the gold anomaly and the strongly conductive (red) carbonaceous unit

Summary: The La Mboumi region has all the attributes typical for a major orogenic gold deposit; The proximity to a deep seated major fault structure and its associated 2nd and 3rd order splays -- some of which are over 50km in strike length , the metamorphic grade of the rocks (greenschist facies), and the presence of a reducing carbonaceous unit, coupled with the wide spread workings of orpialleurs, and economic gold values from drillholes (unconfirmed) indicates the potential of the area to host a world class deposit.

To view the complete Gold Projects Summary, please click here.  
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