| Risk and valuation analysis of the Saza Makongolosi (SMP) Project |
| Status Risk : Early Discovery |
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| Title(s) of the Saza Makongolosi (SMP) Project |
 | Helio Resource Corp
Option on interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Helio, through its 100% owned subsidiary BAFEX Tanzania Ltd., can earn a 100% interest in five contiguous licences, which cover a 34km strike length of the Saza Shear Zone (see news releases dated December 19, 2005, September 11, 2006, and October 16, 2008). |
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| Location of the Saza Makongolosi (SMP) Project |
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The SMP Gold Project is located in Lupa Goldfields, SW Tanzania.
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| History of the Saza Makongolosi (SMP) Project |
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The project covers the New Saza Gold Mine, which operated between 1939 - 1956, producing approximately 270,000 ounces of gold at an average grade of 7.5g/t Au.
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