BIC Gold Corp

Samaradougou Gold Project

Project Location

The Samaradougou Project is located in south-western Burkina Faso, ~40 km south of Bobo-Dioulasso, the country’s second-largest city. BIC holds this project in partnership with Faso Mines and Services SARL.

Project Area
21.27 sq km

Samaradougou Gold Project on Banfora Greenstone Belt

Regional Geological Map of Samaradougou Gold Project

Project Geology

The Samaradougou permit, located in the northeastern Banfora Greenstone Belt, features a mix of volcano-sedimentary and clastic rocks in the northwest, including sandstones and phyllite, with mafic volcanic rocks in the central region. Granitic formations are prominent in the southeast. The rock formations have a NE-SW orientation with a steep southeast dip.

Style of Mineralisation

Orogenic gold in the Banfora Greenstone Belt, controlled by a shear zone.

Mineralization in brittle-ductile zones (argillites, tuffs) and brittle fractures (diorites).

Mineralised bodies strikes NE-SW to NNE-SSW, dip ~50° SE-ESE.

1.2 km Strike length of mineralisation and open at north and south end.

Indicators: Silicification, pyrite, multi-phase quartz veins.

Alterations: Quartz-carbonate, chlorite, epidote, sericite, hematite, limonite.

Style of Mineralisation at Samaradougou Gold Project

Highlights RC Phase-1

14.7 g/t gold over 5 m from bore hole SARC23044 from 22 m to 27 m
- Including 69.5 g/t gold over 1 m from 23 m to 24 m
4.48 g/t gold over 12 m from bore hole SARC23035 from 17 m to 29 m
- Including 41.3 g/t gold over 1 m from 27 m to 28 m
1.80 g/t gold over 29 m from bore hole SARC23014 from 22 m to 51 m
3.08 g/t gold over 16 m from bore hole SARC23013 from 34 m to 50 m
- Including 10.1 g/t gold over 3 m from 37 m to 40 m
2.54 g/t gold over 18 m from bore hole SARC23003 from 10 m to 28 m
- Including 17.5 g/t gold over 2 m from 13 m to 15 m

Highlights RC Phase-2

32.6 g/t gold over 4 m from bore hole SARC24068 from 1 m to 5 m
- Including 64 g/t gold over 2 m from 1 m to 3 m
7.34 g/t gold over 10 m from bore hole SARC24065 from 49 m to 59 m
- Including 14.2 g/t gold over 5 m from 54 m to 59 m
11.5 g/t gold over 6 m from bore hole SARC24077 from 69 m to 75 m
- Including 32.3 g/t gold over 2 m from 73 m to 75 m
3.51 g/t gold over 12 m from bore hole SARC24083 from 28 m to 40 m
- Including 3.84 g/t gold over 2 m from 28 m to 30 m
- Including 26 g/t gold over 1 m from 33 m to 34 m
40.5 g/t gold over 1 m from bore hole SARC24077 from 40 m to 41 m

Note: 0.5 g/t used as cut-off with 2 m internal dilution for drill holes; No top-cut; Bore holes drilled with an azimuth of N307° in the north & N270° in the south with inclination of -50°.

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