Tolubay
Tolubay exploration licence (46.4sq km) is situated in central western Kyrgyz Republic, 110km from Osh city.
Soil sampling and trenching on the Tolubay licence identified three mineralised trends with a combined length of 7.3km - Obdilla, Tolubay and Sart-Istagan. These prospects have the potential to host substantial resources due to the width and depth of mineralisation identified to date.
Perseus increased its exploration acreage along strike from the Obdilla gold discovery, giving it a dominant tenement position along an under-explored, highly prospective 300km section of the Southern Tien Shan thrust belt.
Infill soil sampling has been completed on a 50m by 100m pattern over the Shambesai prospect. Results confirm previous high grades, with the anomaly averaging 2,220ppb (2.2g/t) Au over 1,000m strike length. The core zone averages 4,500ppb (4.5g/t) Au over 700m strike length, with individual results 22.1g/t, 18.6g/t, 9.2g/t and 10 values between 1g/t and 4g/t Au.
The Shambesai prospect is located on the same lithological contact as Obdilla, where it is exposed at surface by thrusting. A spot rock chip sample on initial reconnaissance returned 3.76g/t gold in brecciated tuffaceous siltstone. A single trench dug across the most exposed stratigraphy returned 11m at 3.70g/t gold (open-ended).
