16 October 2023
BWA Group PLC
("BWA", or the "Company") (AQSE: BWAP)
Reconnaissance Site Visit to Dehane and Nkoteng Heavy Mineral Sands Projects,
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 Dehane and Nkoteng rutile sands licences including the recently
granted Dehane 2 and Nkoteng 2 rutile sands Licences, located in Western and
Central Cameroon ("Dehane 2", "Nkoteng 2" or the "Project").
Dehane 2 is located 166 km to the southwest of Yaoundé, and 70 km from the
deep seaport and industrial zone of Kribi.
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.
Nkoteng 2 is located 60 km to the northeast of Yaoundé.
The Nkoteng 2 licence covers an area of 494 km2 and includes an additional 50
km of strike length of the Senaga river system, an area known to be
prospective for Ilmenite, Rutile, Zircon and Kyanite heavy mineral sand
mineralisation.
A version of this announcement including maps and photographs can be viewed on
the Company's website, http://www.bwagroupplc.com/bwa-announcements.html
Summary
A five-day reconnaissance prospecting site visit was conducted to the Dehane
and Nkoteng licence groups, incorporating new licences Dehane 2 and Nkoteng 2,
between the 18 and 22 of July 2023 for the purpose of target verification in
advance of the next phase of systematic reconnaissance and potential resource
auger drill programmes, planned for commencement Q4 2023.
During the 5-day visit, 34 shallow auger and surface samples were taken (Table
1). The table presents the sample details. The sample analysis is currently
pending. The samples are being sent to Mozambique for separation testwork and
HMS and XRD analysis.
The field party observed coarse and medium-grained ilmenite, rutile and
kyanite in numerous thin continuous horizons, stacked upon each other
throughout the riverbanks, floodplains and beach sands.
The 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 potential economic accumulations of heavy mineral sands within this
marine/estuarine environment and certainly justifies further follow-up
exploration.
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.
Table 1
Hole ID From To Licence East North Weight
BWDD_001 0 1 NK1 821071 495543 9.425
BWDD_001 1 2 NK1 11.81
BWDD_001 2 3 NK1 13.273
BWDD_002 0 1 NK1 820826 495238 11.653
BWDD_002 1 2 NK1 14.95
BWDD_002 2 3 NK1 11.11
BWDD_003 0 1 NK2 750634 485112 11.591
BWDD_003 1 1.60 NK2 8.139
BWDD_004 0 1 NK2 750074 483807 8.869
BWDD_004 1 2 NK2 12.721
BWDD_004 2 2.15 NK2 4.206
BWDD_005 0 1 DH1 618266 381652 9.909
BWDD_005 1 2 DH1 11.226
BWDD_005 2 3 DH1 10.099
BWDD_005 3 3.44 DH1 5.613
BWDD_006 Sand from Nyong DH1 619945 386355 4.735
BWDD_007 0 1 DH1 608060 342547 11.167
BWDD_007 1 2 DH1 9.59
BWDD_007 2 3 DH1 10.574
BWDD_007 3 4 DH1 11.631
BWDD_008 0 1 DH2 607985 342726 12.135
BWDD_008 1 2 DH2 8.395
BWDD_008 2 3 DH2 7.113
BWDD_009 0 0.65 DH2 607969 342752 16.508
BWDD_010 0 1 DH2 607940 342829 10.344
BWDD_010 1 2 DH2 12.736
BWDD_011 0 1 NK1 823659 498022 10.876
BWDD_011 1 2 NK1 16.306
BWDD_011 2 2.50 NK1 4.082
BWDD_012 0 1 NK1 810055 489880 8.936
BWDD_012 1 2 NK1 10.544
BWDD_012 2 3 NK1 11.36
BWDD_012 3 4 NK1 10.939
BWDD_013 Dehane Beach Sand DH1 3.198
Total Weight 345.76
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.
The prospective Sanaga river is the main river which runs through the BWA
Nkoteng licences area and accommodates approximately 100 km of the river
floodplain system and associated tributaries, and an even larger
paleo-floodplain area, as observed in satellite imagery. The geological
sequence generally consists of a cover of clays, overlying the target deposit
layer consisting of sands and gravels, generally laying directly on the
bedrock.
Nkoteng is located within the Yaoundé Domain of the Pan African Belt, a large
nappe unit that has been thrusted southward onto the Congo Craton and is
characterised by low-grade to high-grade garnet bearing metamorphosed schists,
gneiss and orthogneisses.
James Butterfield, interim Non-executive Chairman of BWA, commented:
"We are pleased to have conducted a further reconnaissance and verification
site visit to the Dehane 2 and Nkoteng licences and are extremely encouraged
by the evidence 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 Resources (UK)
Limited.
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 James Butterfield Chairman +44 (0) 7770 225 253 enquiries@bwagroupplc.com
Allenby Capital Limited Corporate Adviser Nick Harris/Lauren Wright +44 (0)20 3328 5656
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