BWA Group PLC Reconnaissance Site Visit to Dehane 2, Cameroon

 
TIDMBWAP 
 
6 April 2023 
 
                                 BWA Group PLC 
 
                    ("BWA", or the "Company") (AQSE: BWAP) 
 
    Reconnaissance Site Visit to Dehane 2 at the Dehane Heavy Mineral Sands 
                               Project, Cameroon 
 
BWA Group plc [AQSE: BWAP], which has mineral exploration licences in both 
Cameroon and Canada and is quoted on London's AQSE Growth Market, provides an 
update on its recently approved Dehane 2 rutile sands Licence, located in 
Central Cameroon ("Dehane 2" or the "Dehane Project"). 
 
The Dehane 2 licence covers an area of 54 km2 and includes an additional 14 km 
of strike length of the Nyong river system, an area known to be prospective for 
Ilmenite, Rutile, Zircon and Kyanite heavy mineral sand mineralisation. 
Moreover, the licence covers some 20 km of the mouth of the Nyong river and 
estuarine environment as it empties into the Gulf of Guinea. A river mouth can 
lead to a change in flow conditions that can cause the fluvial system to 
deposit any supplementary sediment including heavy mineral sand (HMS) it is 
carrying, where potentially economic accumulations of HMS are found within the 
lowest energy zone on the beach, the swash zone. 
 
Dehane 2 is located 166 km to the southwest of Yaoundé, and 70 km from the deep 
seaport and industrial zone of Kribi). 
 
A version of this announcement including maps and photographs can be viewed on 
the Company's website, http://www.bwagroupplc.com/bwa-announcements.html 
 
Outlook 
 
A one-day initial prospecting site visit was conducted to the Dehane 2 licence 
on the 10th of February 2023, during which three surface samples were taken, 
two samples from the beach and one auger sample taken on the riverbed, some 200 
metres from the active river. The two beach samples were taken to the immediate 
north and outside of the BWA licence area due to difficult and potentially 
dangerous access. The table presents the sample details. The sample analysis is 
currently pending. Results of the two samples taken outside of the licence have 
been offered and are available for the relevant authorities as the off-permit 
samples are located in the Sanaga forest and wildlife reserve. 
 
The field party observed coarse and medium grained rutile, ilmenite and kyanite 
in numerous thin continuous horizons, stacked upon each other throughout the 
riverbanks and beach sands. 
 
The prolific amount of heavy sand mineralisation along the riverbeds and 
towards the mouth of the Nyong river was very noticeable and provides 
encouraging evidence for the potentially economic accumulations of heavy 
mineral sands within this marine/estuarine environment and certainly justifies 
the licence acquisition and further follow up exploration. 
 
   Samples ID      Easting (X)      Northing (Y)    Elevation (Z)         Type 
 
    DHO2_001          600666           360798             5          Alluvial Sand 
 
    DHO2_002          600753           360908             9            Black Sand 
 
    DHO2_003          600245           360509             2          Alluvial Sand 
 
Geology and Geological Interpretation 
 
The Dehane licences are located on the Western Cameroon Domain, which extends 
along the border between Nigeria and Cameroon. This domain consists of a series 
of medium-grade to high grade schists and gneisses of volcanic and 
volcano-sedimentary origin, intruded by later-stage granitoid complexes, the 
basement rocks are source of heavy minerals. 
 
The Nyong river is the main river which runs through the licence areas.  The 
BWA licences allows access to approximately 60 km of the prospective Nyong 
river floodplain system, deltas, and associated tributaries. 
 
The licences encompass a large active river system and an even larger 
paleo-floodplain area, and marine coastline observed in satellite imagery, 
although this has yet to be fully ground-truthed through fieldwork. This 
paleo-floodplain is likely to be a significant target for exploration and 
covers the length of the river with an initial expected width of over 2 km in 
the north and increasing in the south. Other rivers of various importance are 
found there: Owoumbé, Nkoudou, Bidinga, Mbebe, Mboke, and Ongué. 
 
The Dehane area has been known for some historic small scale artisanal 
historical rutile mining. However, the extent of its exploitation has not 
translated to concentrated modern exploration. 
 
James Butterfield, interim Non-executive Chairman of BWA, commented: 
 
"We are pleased to have conducted a preliminary site visit to Dehane 2 and are 
extremely encouraged with the amount of heavy mineral sands that have been 
observed on the prospective beaches and riverbank settings in and around the 
licence. BWA look forward to defining a more comprehensive study plan and 
exploring the licence in a more systematic and thorough manner in the near 
future." 
 
Competent Person's Statement 
 
The information in this report which relates to the BWA Dehane Project is based 
upon and fairly represents information collected and compiled by Mr Emmanuel 
Simo, MSc., Senior Geologist and Chief Geologist for BWA, who is a Member of 
the Australian Institute of Geoscientists. 
 
The results were reviewed by Mr J.N. Hogg, MSc. MAIG, Principal Geologist for 
Addison Mining Services (AMS) and Non-executive Director of BWA. 
 
Mr Simo and Mr Hogg have sufficient experience relevant to the style of 
mineralisation, the type of deposit under consideration and to the activity 
undertaken to qualify as a Competent Person as defined in the JORC Code 2012 
edition of the Australasian Code for Reporting of Exploration Results, Mineral 
Resources and Ore Reserves. 
 
Mr Hogg has reviewed and verified the technical information that forms the 
basis of and has been used in the preparation of this announcement, including 
all sampling and analytical data, and analytical techniques. Mr Hogg consents 
to the inclusion in this announcement of the matters based on the information, 
in the form and context in which it appears. 
 
Forward Looking Statement 
 
This announcement contains forward-looking statements which involve a number of 
risks and uncertainties. These forward-looking statements are expressed in good 
faith and believed to have a reasonable basis. These statements reflect current 
expectations, intentions or strategies regarding the future and assumptions 
based on currently available information. Should one or more of the risks or 
uncertainties materialise, or should underlying assumptions prove incorrect, 
actual results may vary from the expectations, intentions and strategies 
described in this announcement. 
 
No obligation is assumed to update forward looking statements if these beliefs, 
opinions and estimates should change or to reflect other future developments. 
 
 
Two samples were taken outside of the licence and despite being an upstream 
extension or similar geological / depositional setting, the samples by no means 
indicate that the material in the licence is of economic quality and neither 
BWA nor the Competent Persons draw any conclusions from these samples. The 
samples were taken in good faith to act as a guide to potential mineralisation 
in the general area. 
 
For further information on the Company, please visit http://www.bwagroupplc.com 
/index.html or contact: 
 
BWA Group PLC                         +44 (0) 7770 225 253 
James Butterfield                     enquiries@bwagroupplc.com 
Interim Chairman 
 
Allenby Capital Limited               +44 (0)20 3328 5656 
Corporate Adviser 
Nick Harris/Lauren Wright 
 
 
 
END
(END) Dow Jones Newswires
April 06, 2023 02:00 ET (06:00 GMT)
BWA (AQSE:BWAP)
過去株価チャート
から 1 2025 まで 2 2025