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KRAAIPAN

Projects

Kraaipan Gold Project

District-Scale Gold Opportunity on the Kraaipan Greenstone Belt

Location

Address here

Property size

1,441.61 km²

Ownership

100%

Commodity

Gold

Infrastructure

Paved highway, camp, water, nearby electrical power grid.

Deposit Type

Orogenic gold

Project Highlights

  • Extensive Lanholding

1,441.61 km²

Across a 170 km strike length in the Kraaipan-Madibe Greenstone Belt.

  • High-Potencial Targets

49

Identified gold targets

  • Advanced Exploration

20,000 m

Phase 2 will undertake a 20,000m Drill Program on the Kraaipan Greenstone belt

  • Historial Success

Sampling

Previous work near-surface exploration by Reunion Mining in 1997 (best intercepts 13m@1.71g/t, 5m@2.29g/t)¹1m @ 1.0 g/t Au, and 3m @ 5.1 g/t Au. 

¹Mdze, M. (2021). Gold mineralisation potential of the Kraaipan granite–greenstone terrane, southern Botswana [Master’s thesis, University of the Witwatersrand]. University of the Witwatersrand Repository. *drill intercepts reported in this these did not report intercept depth, estimated depth of intercepts.
  • Strategic Location

Terrain

Adjacent to Harmony’s Kalgold Mine (~1.8Moz resources) and ARM’s Kalplats Deposits (~6.5Moz PGE resource) in a stable, pro-mining jurisdiction.

Location and Access

BOTSWANA

“Kraaipan” Madibe Greenstone Belt

Limited exploration on the Stella Limb in Botswana due to Kalahari sand dune cover.

~3.03-billion-year-old volcanic sedimentary terrain 

Stella Limb (western limb): Hosts layered intrusive rock with ~60m of platinum group metal mineralization linked to dismembered magnetite reefs.¹

2024: North Arrow joint-ventured the Botswana side of the eastern limb.

 

 
¹Mdze, M. (2021). Gold mineralisation potential of the Kraaipan granite–greenstone terrane, southern Botswana [Master’s thesis, University of the Witwatersrand]. University of the Witwatersrand Repository. *drill intercepts reported in this these did not report intercept depth, estimated depth of intercepts.

Geology and Mineralization

KRAA-Greenstone-Page10
  • Platinum Group Metals + Gold in Gabbro Intrusions - Western Limb
  • Kalplats Project (ARM): Palladium-rich PGM–Au deposit within the Stella Layered Intrusion, ~350 km W of Johannesburg. ²
  • 2014 Coffey Mining estimate: 69.9 Mt @ 1.48 g/t 3E (M+I) + 56.7 Mt @ 1.62 g/t 3E = ~6.5 Moz 3E (Pt+Pd+Au).

    Sources: Harmony Mineral Resources & Mineral Reserves
    Glacier Lake Resources 2021; Coffey Mining 2014; ARM R&R 2016.
  • Gold in Banded Iron Formations (BIFs) - Eastern Limb/Goldridge Belt
  • Harmony’s Kalgold Mine (~50,000oz/yr – 1.8Moz Resources & 0.4Moz Reserves) along strike in RSA actively exploring towards Botswana
  • Previous exploration success in Botswana by Reunion Mining in 1997 (best intercepts 13m@1.71g/t, 5m@2.29g/t) and Laconia (ASX) in 2017 (best intercepts 6m@2.3g/t, 2m@1.72g/t)²
13m @
1.71 g/t Au
5m @
2.29 g/t Au
6m @
2.33 g/t Au
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