Licenses

Bani-Vaimba

Map of Bani and Vaimba

The Northern project is comprised of the Bani and Vaimba licenses. These licenses cover approximately 2000 Km2 in the northern region of Cameroon. Bani and Vaimba include under-explored Neoproterozoic volcano-sedimentary formations with late intrusive of granitic plutons and quartz veins; which are highly prospective for gold mineralization and base metals (Cu-Co-Ni-Zn). These rock-formations are generally affected by the Pan-African orogeny.

MME undertook an airborne geophysical (Mag and specs) campaign conducted by Geotech Airborne Limited in the months of September and October 2013. Geophysical data interpretation conducted by African Mining Consulting, in accordance with the results from the regional geochemistry conducted by the CRGM (Feb to May 2013), lead to the definition of 5 prospects in the northern bloc including Djourde (Sn-Ta-Nb), Sinassi and Tokorome (Ni-Cu) and Guigdje (Au-Zn-Cu).

From late 2013 (November) to early 2014, the MME team kicked-off the 400m x 400m regional geochemistry soil sampling over the above-mentioned prospects. 1,800 soil samples were planned to target these prospects; to date a total of 1,031 soil samples have been collected over the Sinassi-Tokorome Shear Zone. Results will be available at the end of August 2014.

In addition to the regional geochemistry, a regional mapping targeting the quartz-veins in the Guigdje prospect was conducted. Quartz-veins identified in the Guigdje prospect are generally associated with faults. Over 200 grab samples from different rock-formations from the Bani-Vaimba bloc have been collected during the 2013-2014 field season campaign.

Dibango-Niep

The MME central project includes the Dibango and the Niep licenses; both of these cover approximately 2,000 Km2. They occur within the under-explored Paleoproterozoic Nyong series that consist of meta-sedimentary and meta-plutonic units, which is prospective for Iron Ore formations (BIF), Titanium and Copper. These units are dominated by orthogneisses and paragneisses with a wide range of compositions from mafic to felsic, including biotite-horneblende gneiss. Some of these gneisses are migmatitic. Subordinate lithologies in the Nyong Unit include amphibolite, quartzite, banded Iron formations (BIF), metavolvanics and a number of intrusive rocks including diorite, granite, granodiorite, dolerite and syenite (Penaye et al., 2004; Lerouge et al., 2006)

The Nyong series is affected by the granulite facies metamorphism which is associated with the Eburnean orogeny.
MME undertook an airborne geophysical (Mag and specs) campaign conducted by Geotech Airborne Limited in the months of June and July 2013 over the Dibango bloc, as well as during the August/September 2013 period.

Dibango

Geophysical data interpretation conducted by African Mining Consulting, in accordance with the regional stream sediment campaign conducted by the MMEC team, led to the definition of 5 prospects including Nliba (Cu-Au), Ndigba (Cr-Cu),  Songo Mongo and Tunalon (Nb-REE-U).

Currently, the MME team is conducting a stream sediment campaign accompanied by a 200m x 200m soil sampling program over the Nliba, and a 400m x 400m regional soil sampling campaign over the Ndigba prospects. A total of 553 soil samples have been collected over the above mentioned prospects as the follow up of the Au-Cu-Cr anomalies identified from previous regional streams undertaken in the northern part of the bloc.

Niep

Map of Niep

Geophysical data interpretation conducted by African Mining Consulting revealed 22Km-long high magnetic anomalies trending NE-SW, which have been identified in the northern part of the tenement. In addition, 2 sinistral strike-slip faults, trending WNW-ESE affect and separate the Makenene prospect into Makenene South, Makenene Central and Makenene Northwest. Another prospect (Makenene North) has been identified to the north of the principal Makenene prospect. 18 traverses N-S of 2.5 Km-long each and separated by 500m have been conducted over the Makenene South and Makenene Central. A total of 564 grab samples have been collected. Results of the grab samples collected from BIF will be available at the end of August 2014.

Akom 2 – Bipindi

Map of Dibango, Bipindi and Akom2

Akom 2-Bipindi was formerly acquired by G Stones Resources SA, which is a subsidiary of MME (MME holds an 85% share in G Stones Resources SA).
The Southwestern projects consist of the Akom 2 and the Bipindi licenses. They cover approximately 2,000 Km2. They occur in the under-explored Archean Ntem and Paleoproterozoic Nyong units respectively. These licenses are prospective for Iron Ore, Au, Uranium and REE. The MME Iron Ore licenses (Akom 2-Bipindi-Dibango-Niep) are located along the emerging Iron Ore belt in the western region of Central Africa. The Akom 2 license is located near to the Ngoyang Iron Project to the North and belonging to CAMINA (IMIC),  the Ntem Iron Project to the East and belonging to Affero Mining and the Mewondo Iron Project to South and belonging to CAMUS Mining.

The geology of the Ntem unit is composed predominantly of plutonic rocks which are granitoids (TTG and Syenites) and metamorphic rocks such as metasediments, amphibolites and BIF. The geology of the Nyong unit has been described above.

MME undertook an airborne geophysical (Mag and specs) survey conducted by Geotech Airborne Limited between August and September 2013 over the Akom 2 and Bipindi licenses.
The interpretation of the data was conducted by African Mining Consulting (AMC), and led to the definition of three prospects in the Akom 2 license including Grand Zambi (Fe), Mingo (Fe & Au) and Djabilobe (Au). The Grand Zambi prospect represents more than 30km long, NE-SW trending high magnetic anomaly. Assay results from grab sampling reveal iron content ranging from 35-45% (ALS). Conceptual drilling campaign is ongoing and a total of 2300m have been drilled over 15 holes. The MME team is currently undertaking a detailed geological mapping over the Grand Zambi iron project to ascertain the extension of the iron ore mineralisation mapped over the first 3km.

Three prospects have equally been identified in the Bipindi license including Atog-Boga (Fe), Ngouap (Fe & Au) and Nkolo (Au). Regional mapping and sampling is ongoing in the Atog-Boga license. A total of 317 grab samples have been collected earlier this year. Assay results from previous grab sampling campaign reveals 30-45% Fe concentrations (Alex Stewart Laboratories). The Ngouap prospect represents an 8km strongly magnetic anomaly, trending N-S. BIF and magnetite rich rocks have been identified in this prospect. A previous regional stream sediment campaign revealed visible gold grains in pan concentrates in several locations. Regional stream sampling in the Nkolo prospect reveal visible gold grains in pan concentrates.

Mpouop-Ntam

Map of Mpouop and Ntam

The MME Eastern project consists of the Mpouop and Ntam licenses, which have a combined surface area of 2000km2.  The rock formation of Mpouop and Ntam belong to the Intermediate Series, including the Mbalmayo-Bengbis units. These rocks are principally chloritic and sericitic schists and quartzites. Also included in the Intermediate Series are extensive metamorphosed felsic, mafic volcanic and volcaniclastic rocks. These rocks are post-Eburnean (i.e., younger than 1,800My) and are cut by basic dikes. The original depositional age of the sediments was probably 1,800 to 1,400My, with metamorphism to almandine-amphibolite facies occurring about 1,200My ago, likely coincident with the Kibaran Orogeny. The schists and quartzites contain inliers of ultramafic rock, which were probably emplaced long after deposition of the original sedimentary rocks. The Eastern regions have a long history of artisanal gold mining activities and constitute the eastern gold district.
MME undertook an airborne geophysical (Mag and specs) campaign conducted by Geotech.

Northwestern Projects
The Northwest project consists of 5 exploration licenses – Ako, Binka, Nkambe, Nse and Wum. These licenses are prospective for Iron ore and bauxite. The Northwest projects lie within the Pan-African mobile belt of central Cameroon. This mobile domain is dominated by Syn and post- tectonic granitoids and gneisses.

Map of Northwestern Projects
High-K calc-alkaline granitoids display peraluminous and metaluminous affinities. Peralu-minous types are composed of foliated and massive biotite-granitoids cross-cut by two-mica granites. These wide granitoids form huge batholiths of unlimited boundaries in the region, with window exposures throughout volcanic rocks. Metaluminous hornblende–biotite-granitoids appear subordinate.

The N–S trending structures exhibit metamorphic deformation, igneous intrusions and vast areas of syn to post-orogenic granites belonging to the Pan-African orogeny. In the Central African Pan-African belt, Toteu et al. (1987) described syn- to late-kinematic intrusions represented by peraluminous granites. A regional event is supposed to have led to the emplacement of elongated NE–SW trending plutons of two-mica granite, and N–S trending stocks of magnetite-rich two-mica granite, supposed to be syn-, and late-kinematic, respectively. These plutons are parallel to subparallel with subvertical N–S to NNE–SSW foliations in plutons of foliated biotite-granitoids, and NNE– SSW gneissosity in banded gneiss, and cut across sinistral NE–SW to NNE–SSW trending shear zones. Then, plutons of two-mica granites are suggested to be emplaced in tension gashes formed at the end of the event responsible for the N–S magmatic foliation in biotite-granitoids.

Reconnaissance work was conducted over the Nkambe and Binka licenses, which led to the definition of the Sah (bauxite) prospect. A total of 152 soil samples were collected over a 400m x 400m grid. In addition, a regional stream sediment campaign is ongoing. To date, 250 stream samples have been collected over the Binka license.
In addition to the reconnaissance work carried out in the above-mentioned licenses, a ground magnetic survey has been conducted over a 6km2 area.