The Golden Hill Project is located within the Houndé Greenstone Belt 240km southwest of Ouagadougou, and only 75km south of SEMAFO's 180,000 ounce per annum Mana gold mine (6.0 million ounce project) and 11km north-east of Orezone's 430,000 ounce Bondi resource. The project consists of three contiguous exploration permits (Baniri, Intiedougou, and Mougue) that cover a total area of 470km². Access is all year round off the Ouagadougou-Bobo Dioulasso highway via a well maintained lateritic gravel road.
The Intiedougou permit contains four deposits (A Zone, B Zone, C Zone, and Peksou) located within a 6km x 1km +30ppb Au soil anomaly. All four deposits have the potential to increase in size along strike, down dip and down plunge. The northern part of the permit contains the Ma and Sebedougou prospects located within a 3.5km x 400m +40ppb Au in soil anomaly that has undergone only scattered previous drilling. Regional soil sampling completed previously by Orezone has identified many other gold in soil anomalies that have not been drill tested.
The Gourma Project is located within the Fada N'Gourma Greenstone Belt 250km east of Ouagadougou and only 80km SSW of Niger's largest gold deposit, the 50,000 ounce per annum Samira Hill gold mine (1.9 million ounce project). The Project consists of four contiguous permits (Diabatou, Tyara, Foutouri and Boutouanou) that cover a total area of 850km². It is accessible from the south off the Fada N'Gourma-Kantchari highway via a well maintained gravel road and from the west via a gravel road from the town of Gayeri.
The Gourma Project covers a highly under-explored sequence of Birimian greenstones and felsic intrusives that host abundant artisanal workings within strike extensive regional shear zones. The Diabatou permit contains the Tambiga Hill prospect that contains over 1,000 NE-trending pits and shafts up to 60m deep that cover an area ~500m x 250m. Active hard rock and colluvial workings cover an area of 1.6km x 400m at the Diabatou prospect and 1.3km x 800m at the Gariaga prospect. Regional aeromagnetic images confirm the continuation of the mineralised structure for an additional 1.5km beneath alluvial cover between the two prospects for a total strike length of more than 4km. Aeromagnetic images over the Foutouri permit also suggest that gold mineralisation could extend for >5km between the Foutouri and Souonkobou artisanal workings, and over 3km between the Lotto and Tampora prospects.
Boss Resources' oil shale project (Latrobe Oil Shale Project) is located between Latrobe and Railton 10 kilometres south-west of the port of Devonport in Northern Tasmania with excellent access to existing infrastructure (port and roads).
The Latrobe Oil Project has the potential to host 72 million tonnes of oil shale equating to 50 million barrels of oil. Approximately 6 million tonnes of the oil shale is less than 20 metres deep and amenable to open cut mining methods. The tasmanite oil shale horizon within EL 20/2004 has already produced 1.13 million litres of oil from historical underground mining operations. Historical drilling campaigns have demonstrated a continuity of the deposit over a large area. The variety of oil shale found at the company's Latrobe Oil Project is unique to Tasmania and has advantages over other Australian oil shales in that it can be used as a source of bitumen as well as oil and power generation.
Boss Resources has an experienced Board with exploration, production, project development and corporate skills and the ability to evaluate and consider acquisition opportunities that have the potential to add value for shareholders.
With a highly skilled exploration team in place Boss Resources is committed to its gold and oil shale projects and is on the pathway to resource discovery and resource definition.