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Annual Report 2008 - Office National des Hydrocarbures et des Mines

Annual Report 2008 - Office National des Hydrocarbures et des Mines

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Base m<strong>et</strong>als<br />

Bled Jemaa (Pb, Au, Ag, Zn)<br />

In Bled Jemaa, located in central Morocco, at<br />

1,5 km SW of Moulay Bou Azza, the core drilling<br />

works that started at the end of 2007 were<br />

compl<strong>et</strong>ed by the spudding of the 6 th drilling.<br />

The main zone bearing mineralization, composed<br />

of microdiorite dykes, crushed schists and<br />

quartz lens with sulfi<strong>des</strong>, has been cross cut<br />

by all the drillings. The most promising results<br />

are those of drilling N°1 and N°2 where gra<strong>des</strong><br />

reach 19 g/t Au ; 3.24 % Pb ; 2.2 % Zn and<br />

52 g/t Ag over thicknesses less than 1 m.<br />

Concerning the 4 th and 5 th drilling, the results<br />

reach 2.33 g/t Au over 0,85 m and 4 g/t Au<br />

over 0.35 m, respectively. Towards NE and SW<br />

ends of the index, the impacts of drilling N°3<br />

and N°6 are indexed.<br />

A preliminary assessment of the resources gave<br />

339 423 t to 3 g/t Au, 0.85 % Pb, 0.50 % Zn<br />

and 21.3 g/t Ag (variant 1) or 495 003 t to 2.20<br />

g/t Au, 0.60 % Pb, 0.36 % Zn and 15.7 g/t Ag<br />

(variant 2), or the equivalent of 1.02 t or 1.09 t<br />

in m<strong>et</strong>al gold.<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Ighir ou Roumi (Pb, Zn, Ag)<br />

At Ighir ou Roumi, located in central Morocco, at<br />

5 km NE of Moulay Bou Azza, a zone mineralized<br />

with Pb-Ag was followed in surface over 200 m.<br />

Four drillings, totalling 448.60 m, were executed<br />

and intersected the targ<strong>et</strong>ed structures. The<br />

latter are constituted of microdioritic dykes with<br />

crushing zones and quartz veins with sulfi<strong>des</strong><br />

(pyrite, galene, sphalerite and mispickel).<br />

The results of analyses show gra<strong>des</strong> reaching<br />

6.54 % Pb and 4.78 % Zn over infram<strong>et</strong>ric<br />

thicknesses. Gra<strong>des</strong> in Ag may reach 238 g/t<br />

and those of Au 1.04 g/t.<br />

A preliminary evaluation of the resources yielded<br />

212 205 t to 3.70 % Pb, 2.71 % Zn and 94 g/t<br />

Ag.<br />

Sud Bani (Fe)<br />

In Sud Bani prospect (Tan Tan province), located<br />

at 70 km SE of Tan Tan, where surface gra<strong>des</strong><br />

range from 32 to 57 % in total ore, a survey<br />

of 13 core drillings totalling 510 m is under<br />

way on the Zini West prospect with ferriferous<br />

mineralization.<br />

The first drilling, stopped at 22 m, has cross<br />

cut a mineralized level of iron oxide over a reel<br />

thickness of 2.6 m, whereas the 2 nd drilling,<br />

stopped at 29 m, has cross cut two subhorizontal<br />

ferriferous levels with gra<strong>des</strong> of 1 m<br />

and 3 m, respectively.<br />

Achemmach «ONHYM – Kasbah Resources<br />

Ltd agreement» (Sn)<br />

In the tin-bearing deposit of Achmmach, located<br />

at 50 km NE of central hercynian massive to the<br />

31

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