Weaju Gold Deposit

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Weaju is located in the Bea-MDA property which is 100% owned by Aureus Mining Inc. through their fully owned subsidiary Bea Mountain Mining Corporation. The deposit has mine on and off by small mining companies and artisanal miners for the past 50 years. More recent exploration by Mano River began in the late 1990’s, with Aureus resuming exploration in November 2012. In November 2013 Aureus released the maiden resource of 178 000 ounces at 2.1 g/t Au estimated using a 1.0 g/t cut-off.

Weaju has similar host rocks to the New Liberty and Ndablama deposits. Mineralisation is concentrated in shear zones along contact zones between granites, ultramafics, and amphibolites. Gold mineralisation is found within a synformal fold, with mineralisation observed on both limbs and within the fold closure. Mineralization-related alteration includes silicification and a phlogopite-tourmaline-magnetite-carbonate assemblage. Free gold has also been observed within the core.