AVAILABLE: Gold mining concession (Madagascar) Tsiroanomandidy-Itasy, Bongolava/Besaly-Ambany
ATTENTION! CONCESSION IS IN IMMEDIATE VICINITY OF THE LARGEST GOLD MINING PERMIT INSIDE MADAGASCAR TERRITORY!
Surface 2,34 km2
Available at USD 15 million
The potential of the gold deposits in this permit, is at minimum of USD 1,72 Billions.
MODEST calculation USD 1,72 Billions is based on SURFACE MINING: (surface 2,34 km2) x (average 0,7 gram of gold per 1000 kg of of excavated material/dirt) x (in depth of ONLY 10 meters)!
The actual potential in the region is 3,0 gram of gold per 1000 kg of of excavated material/dirt and in this case the actual potential of gold deposits would be approximately USD 6 Billions!
HIGH RESOLUTION MAPS OF MADAGASCAR
The mining concession available is known for two typical ingredients for this region, gold and precious & semi-precious stones. In the immediate vicinity there are many active mining operations. Some are small, others are owned by international multinationals. The region is called with nick-name “BONANZA” and the largest gold concession in Madagascar is located directly in the vicinity of our concession!
Important facts about this Concession:
– A very well known region for the mining of gold and precious & semi-precious stones,
-In the neighborhood (4 gold mining concessions in the immediate vicinity, from small size concession 3,13 km2 to huge size concession of over 2000 km2) is the abundance of successful small and large mining operations,
-The region where the concession is located, was often surveyed by geologists (of course it is always necessary to do new geological investigations before the start of the operation),
-Region where the concession is located, is accessible by truck,
-The region where the concession is located, has an abundance of water (unlimited quantities) because it is crossed by different streams and rivers.
BASIC SPECIFICATIONS OF CONCESSION:
ATTENTION! CONCESSION IS IN IMMEDIATE VICINITY OF THE LARGEST GOLD MINING PERMIT/CONCESSION INSIDE MADAGASCAR TERRITORY!
PERMIT/CONCESSION SPECIFICALLY ISSUED FOR EXPLOITATION OF:
GOLD, precious and semi-precious stones
Image of original permit:
LOCATION: see map of location above (check images)! Approximately located in Tsiroanomandidy-Itasy, Bongolava/Besaly-Ambany region.
SIZE: ORIGINAL PERMIT IS IN SIZE OF 8 “perimetre’s”/”carre’s” x (“carre’s” size 625m x 625m = 0,39 square kilometers per each “carre”).
OUR GROUP “SMARAGD” is planning to PURCHASE 6 “carre’s” out of this permit, with total surface 2,34 square kilometers, equal to 234 hectares. Currently, during the transition from old to new owner, we have temporary exclusivity contract (issued on 15. May 2019 and valid for 5 years until 15. May 2024) on the name of “STONE EXPORT INTERNATIONAL S.A.R.L.”, which is also owned by our team! See image below!
CURRENT EXTENSION OF PERMIT UNTIL 16 APRIL 2021
Attached (bellow) image of precise PERMIT LOCATION!
Additional documents and information available / accessible in person, by appointment only.
General Info – Gold mining in Tsiroanomandidy-Itasy region of Madagascar
MADAGASCAR MINING CONCESSIONS
+/- 5000 = Total of all mining concessions in Madagascar
+/- 1800 = Total of gold mining concessions in Madagascar
+/- 4 = Total of gold mining concessions in the immediate vicinity of our concession.
All 4 concessions are in the topographic square “J46” (see the map of Madagascar) where our concession is located.
The fact that so many other active gold mining operations are in the immediate vicinity of our concession proves that this is an area of extremely high potential.
About gold in Tsiroanomandidy-Itasy region
Gold and gemstones are one of several natural resources that have increased mining activity in Madagascar.
The history of gold and gemstone mining in Madagascar can be traced back to the early 20th century when extractions from the alluvial deposits were widely spread across the island.
The Tsiroanomandidy-Itasy region, is known to have hosted the major alluvial gold deposits on the island.
The island of Madagascar is known to host primary gold and gemstone deposits regarded as hard rock mesothermal lodes. This is a quartz-hosted type of gold deposit which are often very high-grade and hold very good potential for mining. These type of deposits contribute about 20 percent of gold deposits at world level, but they have only begun to be worked in Madagascar on any real scale.
Some of the gold and gemstone deposits in Madagascar also occur in stone belts, quartz reefs and quartz veins. It is also on record that the gold deposits can be found as diffused mineral. Some of these deposits are being worked by artisan miners, but many of them require advanced technology to mine and exploit on a commercial level.
One of the difficulties that Madagascar needs to deal with is the prevalence of illegal mining going on within the country.
In the process their mining is unregulated, and as a result it commonly causes damage to natural resources.
The island of Madagascar still holds huge potential for gold and gemstone mining and prospecting for both large and small-scale miners. It has a wide spread of deposits with high grade value, which when tapped into can bring about great life changing opportunities to both the local community as well as the miners themselves.
The largest economically viable lode deposits are yet to be mined on large scale.
SEE MORE ABOUT GOLD FROM THIS REGION ON EXTERNAL LINKS:
- by SMEDG Dr. Camillo Premoli, attention to chapter 7.2.5 (GOLD in Tsiroanomandidy-Itasy region):
2. by MINDAT
FUTURE (what needs to be done)
BASIC GEOLOGICAL SURVEY
Basic GEO survey +/- USD 500.000
Geological survey of the terrain (without drilling), which will reliably show where are the minerals/gold on the whole plot or concession and where we need to drill perforation holes.
In this operation, we are talking about a group of people, namely; 4 geologists, 10 workers, 2 vehicles (4×4), purchase of basic material and a period of 30 days for completion and written output of official results.
Estimate cost (if we organize the survey) will not exceed USD 500.000, of which 50% (USD 250.000) should be paid in advance and the rest after the completion of works (the final amount will not exceed USD 500.000).
DETAILED GEO RESEARCH
Detailed GEO survey with perforations and analysis +/- USD 1.200.000
Therefore, this stage will only come about after the first stage is finished, and when we have official results where we have to continue the research with perforation/drilling on basis of BASIC GEOLOGICAL SURVEY.
The French experts from internationally confirmed company who are engaged in this, will perform detailed drilling, take samples and send samples to the laboratory and submit analyzes.
The price of drilling is about USD 100 per meter per perforation/hole.
How many perforations/holes will be working we will see according to the results from the first stage … but our guess based on our previous experience, we would say approximately this:
If we do 240 experimental perforations/holes (40 per each “carre”) .. then the calculation would be as follows:
240 perforations/holes x 50 (IN DEPTH OF 50 METERS) = 1200 METERS x USD 100 = USD 1.200.000 (approximately)
THE TIME TO COMPLETE THIS OPERATION WILL BE 45-60 DAYS (approximately).
Estimate cost will not exceed USD 1.200.000 of which 50% (USD 600.000) should be paid in advance and the rest after the completion of works. Price includes entire operation including analyzes results from internationally recognized geological laboratory.
© S. MA. R. A. G. D. Madagascar Company for Research, Analysis, Geology, Diagnosis and sale of Mining Concessions Société Malgache pour la Recherche, l'Analyse, la Géologie, Diagnose et les ventes des Concessions Minières (en cours d'établissement)