
On a regional level, the Lion license is well located with respect to the areas of known mineralization and mining within Zambia as shown in Figure 5.3 overleaf, specifically with respect to precious metals, gemstones, and ferrous metals including manganese.

Gold, copper, and silver mineralization associated with quartz veining is present in a number of areas in the license areas having previously been trenched and in one location mined (illegally).

Copper is found in the mines.

Emerald occurrences and alluvial emeralds have been reported from two locations on the licence.

As outcrop is scarce and the area is covered by metres-thick ferrasols, trenching/pitting to expose fresh bedrock is required. Mineralization discovered to date is the result of pitting soil geochemical anomalies in the 1960’s through to 1990’s. Mwale (2011) gives a brief outline of the various exploration programmes and companies active in the general area of the licence. The only mined gold- copper on the licence was discovered by radiometrics, ground magnetics and soil geochemistry in the 2000’s (Mwale 2011).

Strength, ensuring beauty that lasts. Bluish-green beauty, these stones deliver timeless quality. Mohs Hardness Scale, the emerald is just behind the ruby, the sapphire’s 9, and the diamond’s 10.

Unknown quantities of gold and copper have been mined by illegal miners from the shallow open pit on the licence over the past number of years. Limited exploration work conducted in 2009-2011 led to the discovery of the gold-copper deposit.
The Lion Resources Ltd licence is in the central zone of the Lufilian Arc in the Pre-Karoo rocks of the Katanga Supergroup. Outcrop is generally absent from the licence, though from several trenches,
and pits on the licence has shown that the licence area is underlain by the Neo-Proterozoic sedimentary units of the Lower Kundelunga Group comprising shales, siltstones, sandstones and mixtite. The pits have shown that the first top layer of about 1.5metres is covered by overburden (yellow clay soil) and underlain by brown coloured shale intruded by quartz veins. In the open pit, overburden and weathered bedrock are in the order of 4m to 6m (Figure 2 overleaf), and no information is available on the presence of gold and/or copper in the overburden material over the gold-copper mineralized quartz vein.
On a regional level, the LION licence is well located with respect to the areas of known mineralization and mining within Zambia, specifically with respect to precious metals, gemstones and ferrous metals, including manganese. Gold, copper, and silver mineralization is associated with quartz veining is present in a few areas in the licence area, having previously being trenched and mined illegally, sampling of vein material in the initial exploration pit returned the following values for gold, silver, and copper.

Lion Resources Ltd
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