Tsinjoarivo gold prospect
The Tsinjoarivo gold prospect is located above the Anjamanga license and covers an area of about 137.5sq. km (13750 ha). Tsinjorivo Prospect area is in an area of known gold deposits and occurrences, some of which were worked in 19th century.. Pitfield and others (2008) in the process of determining the potential for undiscovered low-sulfide gold deposits in Madagascar outlined the rocks underlying much of the project and the surrounding area as favourable with potential, the highest level of potential given in that report. This zone coincides with the outcrop pattern of the Ambatolampy Group rocks in the Antananarivo geologic terrane. TIn the Tsinjorivo area two gold deposit types were defined i.e intrusive related gold and low-sulfide gold. Alluvial gold was exploited on the Onive river in the dry season, in particular downstream of the Tsinjoarivo. The prospect also has graphite resource extension from Anjamanga in the southern side.
Marasosona Lithium Prospect
Marososona Lithium Prospect is located in the central part of Madagascar., approximately 135km (linear distance) South – West of Antananarivo and 24km south west of Antsirabe. The License area is about 37.5 sq. km, made up of six (6) square blocks of 2.5km side each. Two of the blocks (i.e) 12. 5 Sq. km area within the prospect area has full-scale mining license (PE) and the remaining four blocks (i.e) 25 Sq. km area has research license (PR) for exploration. These licenses are 100% owned by PR Global Minerals SARL (PRMR).
Geologically, the prospect area is located within the Precambrian basement province of Madagascar.
More precisely, it fits on the Paleo-Proterozoic Itremo group which belongs to the Antananarivo domain according to the latest tectono-structural classification of Roig et al. in 2012.
Within the license area, eight (8) pegmatite zone were assessed. Visible width varies from 30 to 178m and visible length from 200 to 740m. A resource estimate of 1.56 Million tonnes of Li2O is estimated based on exploration data available. Apart from the Lithium, other important metals such as Rubidium , Caesium & Platinum is also found in the License Area.