Chizim Gold Tenements, Zimbabwe

Chizim Gold, Zimbabwe

DRDGOLD’s exploration project in Zimbabwe’s greenstone gold mining belt with joint venture (JV) partner Chizim Investments is progressing rapidly. There are five target areas:

  • Leny – 610ha;
  • Ascot – 310ha;
  • Dilcap (John Bull) – 110ha;
  • Zhombe – 210ha; and
  • Gweru Alluvials – 21 000ha.

  • Leny: geochemical surveying showed high levels of molybdenum and arsenic which are known pathfinder elements for gold. In total seven holes were drilled to various depths and on various sections within the lease area. Narrow milky quartz veins were intercepted in places with grade varying from sub-economical grades to as high as 19g/t.
  • Ascot: geochemical and geophysical surveying is being undertaken. Results are expected shortly and will inform a decision whether or not to proceed with a drilling programme.
  • Dilcap (John Bull): geophysical surveying conducted on the area included Real Section Induced Polarisation (RSIP) and Total Field Magnetics (TFMag). This produced three types of anomalies which included disseminated sulphides and semi-massive to massive sulphides. This was followed by trenching where both IP and Mag anomalies coincided. Shear hosted gold bearing quartz veins were exposed with variable thickness over a strike length of more than 600m.
  • Zhombe: 21 new claims have been pegged at this new site, where magnetic, IP and soil geochem surveys will be carried out as well as selective trenching and drilling. Other claims in the area show very high grades.
  • Gweru Alluvials: The JV has secured a two-year option over a large leasehold area at Gweru Alluvials where there are many artisanal workings. The two exploration sites have been prioritised: one with potential for alluvial gold in river sands and the other, a primary site with potential for hard-rock, open-pit mining. DRDGOLD has submitted applications for mining and environmental authorisations over the alluvial site, which is on the Guinea Fowl River, and is currently investigating mining and recovery methods. IP and magnetic surveys have been conducted over the primary site, which is on the Impali River.