The firm has started its first drilling campaign in
The company plans to drill eight 80 to 150-meter deep holes at the site over an area of 1,200 meters, and if the results are good, it will drill more.
The drilling will last for many weeks and the assay results are expected in early 2008.
Senior officials at the Ministry of Industry, Mines and Energy could not be contacted to comment on the issue.
According to a previous study, stone debris taken from a number of places showed that there are gold ores of 7.6 grams to 71.2 grams per one ton of the stone debris.