High River options Burkina Faso ground

Already exploring a 1,200-sq.-km concession in eastern Burkina Faso, West Africa, High River Gold Mines (TSE) has entered into option agreements under which it can earn a 70% interest in two concessions currently held by Salah Salim Trading Enterprises, a company based in the United Arab Emirates.

The Tamberi concession, 100 km east of High River’s Taparko concession, is 2,000 sq. km in area. Birimian greenstones, 2 billion years old, host its 12 known gold occurrences and correlate with the host rocks of the large gold deposits of the Ghanaian gold belt about 800 km to the southwest. Exploration and limited development had been carried out over a 5-year period by the North Korean government as foreign aid. The Kolokuame concession, about 100 km southeast of Taparko, has an area of 500 sq. km, and is being trenched and sampled.

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