Independent Geologist's Report Mozambique - Syrah Resources Ltd

EXECUTIVE SUMMARY
Jacana Resources (Jacana) currently has an agreement with African Eagle Resources (AFE)
to acquire two existing AFE Prospecting Licences covering two separate projects within
Mozambique, both of which have been previously identified as having uranium potential.
Jacana has also entered into an earn-in option agreement with North River Resources (NRR)
for a single Prospecting Licence covering the old Mavuzi uranium mine in Mozambique. This
report will therefore focus on the relevant Prospecting Licences that make up these three
projects, viz. Mavuzi, Sena and Balama. Jacana and MSA personnel completed site visits to
all of the projects following site visits in 2010 and 2011.
The Mavuzi Project consists of a single Prospecting Licence granted to Omegacorp Lda and
covers an area of 208km 2 . The project area is located to the north of the Zambezi River and
approximately 40km northwest of the regional administrative town of Tete. The area is
primarily underlain by the Upper Proterozoic-aged Tete Igneous Complex: gabbros,
anorthosites and later stage dolerite dykes belonging to the Tete Complex outcrop throughout
the central and northern parts of the project area. The project has had a long history of
uranium development and mining, although records detailing these activities are sketchy.
Jacana Resources – Technical Report - Mozambique– September 2011
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