|
Bisha is a large precious metal and base
metal-rich volcanogenic massive sulphide (VMS) deposit located in a newly
discoverd VMS district in western Eritrea.
Suggested models for the deposit include felsic dominated bimodal-siliclastic VMS and Noranda/Kuroko
type deposits and a comparison has been made to the Matagami VMS
district in Quebec. The Bisha Deposit has recently been featured in a
paper published in Economic Geology titled
"The Bisha
Volcanic-Associated Massive Sulphide Deposit, Western Nakfa Terrane, Eritrea"
which provides a detailed description of the geology and geochemistry of the
deposit.
Continued exploration has lead to the discovery
of two additional satellite deposits within the Bisha Concession; The Northwest
Zone, located approximately 1.5 km northwest of the Bisha Main Zone, and
the Harena Deposit, located approximately 9.5 km, along strike, to the
southwest of the Bisha Main Zone. These two satellite deposits are viewed
as potential sources of supplemental feed for the proposed processing facility
at Bisha.
A
feasibility study has
been carried out and is currently being
reviewed by an Independent Technical Consultant acting on behalf of banks. The
"43-101 Technical
Report on the Feasibility Assessment Bisha Property" prepared by AMEC for the Company has been filed on SEDAR
and EDGAR. Social and environmental work is ongoing. Please see our
Social
Responsibility Bisha page for details.
A mining license was received for the project in January 2008.
Landsat Image of the Bisha Concession showing the NW Zone and
Harena Deposit.
Back to Top | 
