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Argosy Minerals Limited Grants Chromite Exploration Licences

Argosy Minerals Limited Grants Chromite Exploration Licences

Write: Kale [2011-05-20]
Mar. 5, 2011 - Argosy Minerals Limited announces that it has been granted three exploration licences, through its wholly owned subsidiary Argosy Exploration (SL) Limited, over chromite prospects in Sierra Leone. Argosy owns 100% of the exploration licenses.
Chromite was first discovered in Sierra Leone by the Geological Survey of Sierra Leone at Jaluahun near the town of Senduma, Kenema District.
Regional Geochemical and Heavy Mineral Surveys established a north-east trending chrome province 40 kilometers wide by 120 kilometers long in the country.
All chromite bodies discovered to date lie within this chrome province and are associated with the Archean Greenstones of the Gori Hills, Northern and Southern Kambui Hills, or some other relict greenstone belts such as those found near Matakahun, Mapoima, Baraka, Gorauwahun, Tuba, Dodei, Lileima and Tomaju.
The Gorahun Vaama Chromite Project comprises a chromite exploration licence located in south-eastern Sierra Leone. The licence covers an area of 156 square kilometers.
The Bunumbu Chromite Project comprises a chromite exploration licence located in eastern Sierra Leone. The licence covers an area of 250 square kilometers.
The Mayepema Chromite Project comprises a chromite exploration licence located in south-eastern Sierra Leone. The licence covers an area of 138 square kilometers.