The Elandshoogte Gold Mine is located in Mpumalanga Province, South Africa, in the Nelspruit district in close proximity of the Sudwala Caves.
Gold is associated with pyrite in the brecciated/fractured ~ 30 cm thick quartz veining main body in gangue inclusions. Gold is also predominantly associated with rounded discrete inclusions of pyrite and less common chalcopyrite within the shales of foot or hanging to the main reef (Reinecke 1929). Investigation reveals that pay shoots are related to primary features such as gold grade and reef thickness. NNE dominant narrow trends of enhanced grade exist on the mine (M. Harley Sept 1990).
An effort on grade distribution analysis was conducted by M. Mullins, 1994 and based on 4081 sampling data points used for geostatistical modelling. The arithmetic mean for gold on the mine with a good overall coverage was modelled as 10.4 gr/ton over a channel width of 45 cm. Gold concentration appears to be optimal between channel thickness of 30 cm towards 60 cm. Mainly three pay shoots trends were defined and confirm the NNE trend direction determined by M. Harley references. The size of the mine is over 1000 hectares.
• Anglo Gold, Ashanti Gold and African Rainbow Minerals (ARMS)
• Independent Gold Mine
Gold is an international and essential commodity, selling itself.
Acid to be sold 100% to new owner.
The finances will be needed to pay for the acquisition of the new mine in its entity.
The investor will be 100% in control of his acquisition.