The Project ONDUNDU is in BROWN EXPLORATION stage. Mining Property in NAMIBIA Province of ERONGO : Ownership, location, history, geology, maps, reserves and resources, related press releases

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ONDUNDU Project

ONDUNDU

Country

Namibia

Province

Erongo

Status

BROWN EXPLORATION

Surface

200 km² / 49,343 acres

Latitude / Longitude

20 S 54 / 15 E 31

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Produces

Develops

Explores for

Gold -

Last updated on 2/24/2011 - Terms of Use

Risk and valuation analysis of the ONDUNDU Project

Status Risk : Brown exploration

Country Risk : Moderate

Title(s) of the ONDUNDU Project

Forsys Metals Corp.
Owner: 100%


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100% interest in Omatjete Mining Company (Pty) Ltd. Omatjete Mining Company (Pty) Ltd owns 100% of the Ondundu Exclusive Prospecting Licence 3195. The Project covers 19,969 ha.

Angus Mining Ltd
Option on interest: 50.1%


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In 2010 the Company has entered into a definitive option agreement to finance further exploration at Ondundu, pursuant to which Angus Mining (Namibia) Ltd (“Angus”), a TSX venture exchange company has an option to earn an initial 50.1% beneficial int more...

Location of the ONDUNDU Project
The property is located in Erongo Region, Republic of Namibia, Africa

History of the ONDUNDU Project
Historical feasibility program completed by Goldfields (1986) has indicated a reserve of 4.2 Mt at 3.21g/t gold in country rock including 800 000 t in quartz veins at 17.01 g/t

Geology of the ONDUNDU Project
Ondundu gold mineralization is concentrated in the hinge zone of a large north-south trending, southerly plunging antiform within metasediments of the Kuiseb Formation and features multiple gold-bearing quartz vein sets. Widespread alteration includi more...

Exploration and drilling

2/1/2012	(Forsys Metals)to Retain Control of The Ondundu Gold Project
7/18/2011	(Angus Mining)and Forsys Metals Announce the Full Renewal of the Ondundu E...
2/22/2011	(Angus Mining)Angus Mining Announces Progress of Phase 1 Drilling Program ...
2/22/2011	(Angus Mining)Announces Progress of Phase 1 Drilling Program and Explorati...
6/8/2005	(Forsys Metals)Ondundu Gold Interest Approved
1/6/2005	(Forsys Metals)Acquires Ondundu Gold Interest, Namibia

Discoveries and Drilling Results

4/1/2008	(Forsys Metals)Increases Ownership of Ondundu Gold Project in Namibia to 90...
6/16/2005	(Forsys Metals)Gold Results, Ondundu, Namibia

Location

Data last updated on : 1/1/1986

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.