WB Kasai Investments Congo (WBK) is a private Congolese mining company. WBK holds several tenements for the development of gold, tin and diamond mining projects in the Democratic Republic of Congo (DRC).
WBK holds several tenements within the Twangiza-Namoya gold belt where several prospects are being developed, including Ngoy, Kabotshome, Mbutu, Mitunda, Mbala and Tubambo.
The Ngoy prospect is an inferred mineral resource estimate of 2 million tonnes at 3.3 g/t gold for 214,000 ounces of gold defined over part of the mineralisation which extends further in depth and area.
WBK is considering establishing a pilot plant to start exploiting the resource.
The Namoya West Prospect (Namoya West) has produced high-grade stream sediment gold assay results of 18.8 g/t, confirming historical high grade alluvial and stream sediment samples of 64.1 g/t, 65.1 g/t, 43.4 g/t and 36.7 g/t.
It is believed that the number, grade and unmodified physical nature of the visible gold samples show minimal transport from the primary source.
The Kabotshome prospect has produced a JORC compliant inferred mineral resource estimate of 7.0 million tonnes at 1.88 g/t gold for 421,000 ounces of gold in the first 150m with a minerilisation open at depth and on the surface.
The potential of the prospect is further evidenced by artisanal activities producing 5 to 10kg per month.
It has to be noted that the resource is suitable for a small to medium scale exploitation.
The Mitunda prospect is located immediately south of the Company’s Kabotshome prospect. It has over 1,000 artisanal workers mining a high-grade paleo-channel in which the primary source of gold appears proximal to the current workings.
The gold prospect is located only 500m from Mitunda referred to as Eveche. It comprises multiple quartz vein sets that have been exposed from artisanal mining activities, with one main steeply dipping quartz vein mapped over an initial strike length of 600m and which remains open at depth and strike.
Mitunda is a high priority prospect whereby ongoing collaboration with local government officials and communities are ongoing to manage artisanal mining activities.
