Zodiac Gold, a company renowned for exploration and judicious development of mineral resources, has turned a new chapter in its operations. In a landmark stride forward, Zodiac Gold has announced the conversion of its reconnaissance license into two individual, exploration licenses, significantly expanding its operational territory to an estimated 1899 square kilometers in the Todi Shear Zone, Liberia.
In essence, a reconnaissance license allows for the preliminary assessment of mineral deposits within a designated area, with a primary focus on mapping geological structures and initial sampling. However, an exploration license goes a step further, permitting comprehensive and sophisticated studies for detailed geological understanding and thorough validation of the existence, quality, and quantity of the mineral resource identified.
Zodiac Gold’s new chapter had begun to unfold in March 2021, when the Liberian Ministry of Mines and Energy had initially approved the company’s reconnaissance license. The area of coverage under this license was the Todi Shear Zone, a known host of significant gold mineralisation. With this approval, Zodiac Gold was granted the right to systematically study the geology and perform primary sampling to identify potential mineral deposits in this promising region.
Having observed positive preliminary outcomes from the reconnaissance phase, Zodiac Gold applied for the conversion of the single reconnaissance license into two exploration licenses in April 2021. This request was aimed to corroborate comprehensive prospecting, mapping, drilling, and sample testing operations throughout the new zones of exploration.
Following thorough examinations and consideration, the Liberian Government, through the Ministry of Mines and Energy, approved the conversion request in July 2021. This enhanced status empowers Zodiac Gold to proceed with further, more refined and exhaustive exploration activities in the now demarcated areas, expanding a jaw-dropping 1899 square kilometers within the Todi Shear Zone.
Significantly, these new exploration licenses earmark two distinct belts, referred to as the North License and South License, covering 961 square kilometers and 938 square kilometers respectively. The license conversion, hence, represents a strategic progression for Zodiac Gold as it intensively explores, delineates, and plans for future exploitation of gold resources from these mineral-rich belts.
With residential and operational base already established in Monrovia, the capital city of Liberia, Zodiac Gold is indeed geographically poised to maximally exploit its newly acquired licenses. As part of its exploration program, the company aims to further undertake detailed geological mapping, geochemical sampling, geophysical surveys, and a focused drilling scheme.
In summary, Zodiac Gold’s strategic undertaking, backed by its licensing upgrade, provides a firm foundation to substantiate the quality and quantity of gold deposits in Liberia’s Todi Shear Zone. The move undoubtedly stands as a noteworthy evolution in Zodiac Gold’s operations and a monumental stride in the Liberian mining industry.
