Project overview
About this development
The Ngoy Project consists of three anomalies – Nyamikundu, Kadutu and Kabitako in the Democratic Republic of the Congo (DRC). To the northern end of the Ngoy Prospect is Kabitako, which comprises a 1.4km long coincident gold-arsenic anomaly, which remains open to the north. The soil anomaly follows a north-northeast trending ridge. Regal Resources believes that the source of the gold exploited in the extensive alluvial workings is from eroded quartz veins exposed along the slopes of the ridge. Central to the Ngoy Prospect area is Nyamikundu, which is a northwest-trending, coincident gold-arsenic anomaly approximately 200m long and has been delineated from soil sampling activities. The Kadutu target is located at the southern end of the Ngoy Prospect area and diamond drilling has tested the northeast and southwest segments of a larger soil anomaly. The exact co-ordinates are currently not available however the approximate area of location is lat: -3.011658; long: 28.299435.
Project at a glance
Ngoy Gold Project, DRC is located in Democratic Republic of the Congo (DRC). The project is classified in the Private sector. Its current recorded stage is L2B Shelved. The recorded project value is R 200 Million+.