Tsitel Sopeli

Tsitel Sopeli is located 12km north-east of the Madneuli Mine and processing facility and 6km east of the Kvemo Bolnisi Project. The Project has a footprint of 1km by 1.5km where outcropping oxide gold and base metal and barite mineralisation is hosted within strongly silicified acid volcanics. This has been mapped over a large area and drill tested to 50m depth.

The Company has drilled 14 shallow holes for 575m this year and confirmed the presence of shallow gold and base metal mineralisation. The Project area was also covered with an Induced Polarity ground geophysical (IP) survey that has generated a number of exciting targets that have not previously been drill tested.

Ridge and spur soil sampling and geological mapping have been completed to expand the area and future plans include further drilling followed by 3D geological modelling.