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Dustbiglu Project

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.