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Dustbiglu Project

Dustbiglu
ALTERED VOLCANICS AT DUSTBIGLU

Persian Gold has identified a new volcanic hosted gold target known as Dustbiglu. This project is located in the northwestern part of the central volcanic belt approximately 450km northwest of Tehran. It is defined by a very large area of volcanic rocks that have been intensely altered to silica, clay and alunite. Previous exploration by the government was directed at copper in the region southwest of our area of interest. Persian Gold has obtained the exploration results and re-worked them in the light of a clay-silica-alunite-gold model. The work indicated highly anomalous gold along the edges of the silica system.

Exploration will focus on the silica system, where gold tends to be concentrated in these quartz-alunite or ‘high sulphidation’ systems. The alteration patterns seen at Dustbiglu are nearly identical to some of the large gold mines found in altered volcanics in Peru, Chile and Argentina. Persian Gold has applied for exploration concessions covering this area. Exploration field work is projected to commence during the second quarter of 2008 with a programme of surface sampling and mapping of the alteration system. This work will concentrate on the zones of intense silicification.

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