Cambodia Gold Project

Cambodia

Riversgold, through its subsidiary Cambodia Gold Pty Ltd, has applications for four concessions, covering a total of 359.5 km², in the Mondul Kiri Province of Cambodia, approximately 230 km north-east of the capital city, Phnom Penh. The concession areas are Kang Roland North, Antrong, Rapoah and Kang Roland South.

Mineralisation which is the target of exploration on these Concessions is likely to be similar to that found in the nearby Okvau deposit, which is considered to have broad Intrusive-Related Gold (IRG) affinities. The continental back-arc tectonic setting (relative to the Yanshanian Dalat arc) is broadly similar to the IRG “type area”, the Tintina Belt in Alaska that hosts the Fort Knox, Donlin Creek and Pogo gold deposits.

Historical work by other explorers in the region of the concessions has included desktop studies, remote mapping, and targeting based on satellite imagery, and the inspection, mapping, and sampling of all old artisanal workings.

Much of the focused exploration work has been conducted over the Antrong, O’Thmey and O’Thmey South prospects on the Antrong concession, including rock chip sampling, soil sampling, trenching and diamond drilling, as well as bulk metallurgical testing. Core drilling has intersected gold mineralisation at O’Thmey and Antrong. Further exploration of these prospects is warranted, to test whether the gold mineralisation encountered is associated with a coherent gold deposit.