The Kaburi Project is located 4 kilometres northeast of the currently operating Smarts Mine. The Smarts and Hicks Mines (Karouni Project, 100% Troy) were formerly known as the West Omai deposit, which was discovered in 2011 by Azimuth Mining who delineated 16.7Mt @ 3.1g/t Au for 1.65Moz of gold. Dominic O’Sullivan who is the executive chairman of Tajiri Resources founded Azimuth Mining, which was acquired by Troy Resources in 2014 for US$165M.
Generating Guyanan Gold Projects
Guyana has had a long and vibrant history of alluvial gold mining ever since the 1500s when Sir Walter Raleigh ventured into the interior in search of the mythical El Dorado. The widespread distribution of alluvial gold workings and the relatively unexplored underlying bedrock of ‘Birrimian-aged’ sheared greenstones and metasediments makes Guyana a highly prospective region for primary gold mineralisation.Example of an area of alluvial gold workings. Manhattan shown for scale. The source of gold is yet to be found.
Based on a review of gold alluvial workings together with an analysis of key mineralisation indicators, the Tajiri geological team has been undertaking prioritized field trips to sample and map ‘primary’ bedrock structures and veins. This work has identified a number of primary gold sources with ‘walk-up’ drill targets and negotiations are currently underway to gain access for drilling. This approach minimizes the need for expensive and time-consuming regional-scale geochemical and geophysical sampling prior to drilling. Our aim is to identify and drill 6-8 primary gold targets per year with man-portable diamond drill rigs. If results are successful, then a program including RC drilling, geophysical and geochemical techniques will be employed to delineate the extent of gold mineralisation.