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LUGUSHWA Project
LUGUSHWA
Country Congo Dem. Rep. of 
Close to Goma
Status PRODUCTION 
Surface 641 km² / 158,391 acres
Latitude / Longitude 3 S 20 / 27 E 49
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Produces Gold -
Develops
Explores for
Risk and valuation analysis of the LUGUSHWA Project
Status Risk : Production
Country Risk : Important
Resource Risk : 20.00%
In situ value
3,790,083,525 $
Title(s) of the LUGUSHWA Project
Banro Corporation
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the LUGUSHWA Project
The three Lugushwa PEs cover an area of 641 square kilometres and are located approximately 150 kilometres southwest of the town of Bukavu.
 
History of the LUGUSHWA Project
Alluvial gold was first discovered at Lugushwa in the 1920s, although mining of these deposits does not appear to have begun until 1958. Limited exploration for primary gold deposits began in 1963 and led to the discovery of several deposits, includi more...
 
Geology of the LUGUSHWA Project
The geological setting of the main mineralized trend at Lugushwa consists of meta-pelites, meta-siltstones,quartzite and dioritic sills. Mineralized quartz veins and stockworks occur as a network of interlocking conjugate sets with trends oriented fr more...
 
Reserves and resources of the LUGUSHWA Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Inferred37,000,0002.30 2 736 029
 Total 37 000 000 2 736 029
Definitions
Reserves and resources of the LUGUSHWA Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 2 736 029 2 736 029oz3 792 682 752 US$
Location
Data last updated on : 9/30/2006
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources