Location and Project Description

The Bouroubourou Exploration Permit 10332 covers an area of approximately 123 square kilometres and is located approximately 16 kilometres northeast of the Sabodala Gold Mine. The Project lies within the Birimian aged Kedougou Inlier which consists of volcaniclastic metasediments and granitic plutons.

Title

Erin has the right, pursuant to the terms of a joint venture agreement with AfriGem SL, to acquire an 80% interest in exploration permit 10332.  Under the terms of agreement, Erin is required to meet as sole contributor, all exploration expenditure until completion of a bankable feasibility study.

Work Completed to January 2012

Erin has completed regional geological and regolith mapping together with regional soil sampling on an 800 metre by 800 metre grid.  Infill soil sampling on a spacing of 120 metres by 40 metres commenced late in 2011 and is continuing over anomalous areas identified in the regional soil sampling programme (red zones).

To date two splay structures, the northern hosting extensive artisanal gold workings, have been identified to the east of the tenement (Photos).  The workings are within sub-vertical quartz vein sets, central to the shear zones.  The two lines of artisanal gold workings extend over 500 metres and 300 metres, and occur along a structure which is interpreted to be within the extension of the structural zone which hosts the Sabodala Mine to the south of the permit.

Based upon the results of the work completed and geological observations in the field, the gold mineralisation is interpreted to be associated with two northeast trending shear zones which form as splays from the regional structural trend.  The first and second-order shear zones/fault-splays to the regional shear zones provide favourable structural settings for the development of gold deposits.  The mineralised zones currently have a strike potential of around 3 kilometres each and present targets for immediate follow up leading to drill evaluation.

Current Activities

Infill soil sampling on a spacing of 120 metres by 40 metres over two areas is in progress, together with more detailed geological and regolith mapping over the same areas.  Sampling is planned to be completed by mid-February 2012 with the first assay results expected by the end of February 2012.

Planned for Completion in 2012

Erin’s aim is to quickly evaluate the anomalous gold trends identified with the regional soil geochemistry to generate drill targets.  With the infill soil sampling over the two areas delineated providing better definition of the anomalous zones, reconnaissance RAB fence drilling is then planned over the zones to quickly assess whether they have the potential to host ore grade gold bodies. 

Results of the RAB drilling are expected by third quarter 2012.