Dec11 Quarterly Report NACHINGWEA SW PL6154 - 2009
Dec11 Quarterly Report NACHINGWEA SW PL6154 - 2009
Dec11 Quarterly Report NACHINGWEA SW PL6154 - 2009
Nachingwea SW PL6154/2009
December Quarterly Report 2011
WARTHOG RESOURCES (T) LTD
& NGWENA LIMITED
NACHINGWEA PROJECT
NACHINGWEA SW PL 6154/2009
Introduction
Ngwena Limited (“Ngwena”) has been carrying out an extensive on-going nickel-
copper sulphide exploration program on its prospecting licenses comprising the
Nachingwea Project in SE Tanzania since 2007. Ngwena is a Tanzanian joint
venture corporation owned 75% by Continental Nickel Limited (“CNI”) of Canada and
25% by IMX Resources NL (formerly Goldstream Mining) of Australia.
During the period, January through December 2011, work on the license consisted of
structural data analysis by SRK Consultant, data compilation & interpretation and
reporting.
Ngwena Limited has spent ~ $17.5 million USD on exploration on the Nachingwea
Project during the period January 2007 to December 2011. Results have been
encouraging in the Ntaka Hill area, but full evaluation of the entire project area will
require considerably more time and expenditures. Land tenure is critical to successful
and comprehensive exploration efforts.
License Details
Location
Nachingwea SW PL6154/2009
December Quarterly Report 2011
are supported from the Ntaka Hill Base Camp. Satellite camps and local
accommodation in towns and villages are also utilized as necessary.
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December Quarterly Report 2011
Project Exploration History and Current Exploration Objective
The project area has been sporadically explored since the 1950’s for base and
precious metals and PGE’s. Current exploration work being conducted is focused on
discovering economic nickel-copper mineralization similar to the recent discoveries
currently being evaluated in the Ntaka Hill area.
A large regional radiometric and magnetic survey was also completed in 2011 over
the entire Nachingwea Project in order to accelerate the definition of exploration
targets.
Geological Setting
The Nachingwea Project lies within the late Proterozoic Mozambique Belt of
southeastern Tanzania. The Mozambique Belt ("MB") comprises a dominantly north-
south trending domain of highly deformed and metamorphosed rocks which formed
during oblique collision of east and west Gondwana and are part of the Pan African
Orogenic System. The MB includes lithologies that have been affected by both the
Usagaran (1.8-2.0 Ga) and the Pan-African (650-580 Ma) orogenic events.
The first stages of the MB formation occurred at 1,000-700 Ma. This initial stage was
marked by large-scale magmatic intrusive activity, which may include the ultramafic-
mafic intrusions observed on the Nachingwea property. This was followed with two
collisional phases recorded at 640-620 Ma and 580-530 Ma, which are largely
responsible for the regionally observed complexly deformed tight fold structures
dominant across the project area. Peak metamorphic conditions to granulite facies
are dated at 640 Ma.
Nachingwea SW PL6154/2009
December Quarterly Report 2011
As outcrop is non-existent to rare across most of the licenses little detail is known of
the local geology on the licenses. The majority of geological information to date has
been gathered from mapping and drilling at Ntaka Hill. However regional geological
traverses, grid mapping and drilling are started to add to the geological database.
A regional exploration program was in progress during the quarter and was based
out of the Ntaka Hill camp. Work completed in the December Quarter included
compilation, interpretation and reporting. Table 1 summarizes the total exploration
work completed on the license in 2011. Details and results of the 2011 exploration
program are given below.
Table 1
Summary of Work Completed in 2011 on PL 6154/2009 (Nachingwea SW)
An external review of historical geochemical data for the Nachingwea Project was
completed by Richard Carver. The study comprised 4,661 soil samples and 1,461
stream sediment samples collect by BHP, IMX and CNI between 2005 and 2009 and
included samples collected on this license.
Expenditures
Nachingwea SW PL6154/2009
December Quarterly Report 2011