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Independent Geologist's Report Zambia - Syrah Resources Ltd

Independent Geologist's Report Zambia - Syrah Resources Ltd

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Table of Contents<br />

EXECUTIVE SUMMARY ............................................................................................................ II<br />

1 INTRODUCTION ............................................................................................................... 1<br />

1.1 Competent Person.................................................................................................... 2<br />

2 OVERVIEW OF THE ZAMBIAN MINING CODE ............................................................... 2<br />

3 TENURE ........................................................................................................................... 7<br />

4 GEOLOGY AND MINERALISATION ................................................................................ 9<br />

4.1 Regional Economic Geology .................................................................................... 9<br />

5 THE LUNGA PROJECT .................................................................................................. 13<br />

5.1 Location and tenure status ..................................................................................... 13<br />

5.2 Project Geology ...................................................................................................... 13<br />

5.3 Mineralisation and Exploration model ..................................................................... 16<br />

5.4 Historical and recent exploration............................................................................. 17<br />

5.4.1 Airborne Survey .......................................................................................... 17<br />

5.4.2 Soil Sampling by MinEx .............................................................................. 19<br />

5.4.3 Site visits by Jacana and MSA personnel ................................................... 20<br />

5.5 Conclusions and Recommendations ...................................................................... 20<br />

6 THE SASARE PROJECT ................................................................................................ 21<br />

6.1 Location and mineral tenure status ......................................................................... 21<br />

6.2 Project Geology ...................................................................................................... 22<br />

6.3 Mineralisation and Exploration Model ..................................................................... 23<br />

6.4 Historical and recent exploration............................................................................. 24<br />

6.5 Conclusions and Recommendations ...................................................................... 26<br />

7 CONCLUSIONS .............................................................................................................. 27<br />

8 REFERENCES ................................................................................................................ 27<br />

List of Tables<br />

Table 3-1 Jacana <strong>Resources</strong> Uranium Mineral Assets 8<br />

List of Figures<br />

Figure 1-1 Location of Prospecting Licences 1<br />

Jacana <strong>Resources</strong> – Technical <strong>Report</strong> - <strong>Zambia</strong> – September 2011<br />

Page: iv

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