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Grey Crown’s vision is to be the leading gold exploration, development, and mining company in Uganda, operating in a manner that helps improve the economic, social and environmental well being of the people of Uganda.
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Grey Crown’s original NI 43-101 Report is currently being updated to reflect the availability of new geological information; the results of certain exploration activity; and the addition of several important properties to Grey Crown’s land portfolio.
A $3 million + exploration program was recommended in the original Report. Some components of this have been completed. The major future exploration work will include soil sampling, soil chemistry, geophysics, and a drilling program.
Grey Crown’s geophysics program includes interpretation of data from Block 1 of the Uganda government’s Airborne Minerals Survey as well as geophysics ground work on certain Grey Crown exploration license areas.
A number of anomalies and apparent structures have been identified which are to be investigated with further exploration efforts.
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• Integrated gold company – exploring, developing, and mining for cash flow
• Focus is on creating value by proving up reserves to complement existing mining
• Dominant gold land position –
11 properties comprising 1271 square kilometres
• Properties located within Uganda’s gold-prospective Greenstone Belt, an extension of the gold-producing Tanzanian Greenstone Belt
• Grey Crown Resources Limited owns the Tira Gold Mine, located in the southeast Uganda Greenstone Belt.
• 40 million + ounces proven and probable reserves in Greenstone Belt in neighbouring Tanzania
• Uganda stable politically and economically – actively encourages mining investment
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