Moule

^{_{Moule Geology}}

^{_{Moule Zelingpe Grid}}

The Moule Gold Permit covers 249 square kilometres of prospective Birimian greenstone geology. Previous explorers conducted property wide mapping and sampling of quartz veining and quartz float and subsequently focused their efforts on a 7 kilometre by 6 kilometre area, the Zelingpe Grid, with a geochemical soil grid, detailed mapping, and local IP survey resulting in the identification of multiple gold anomalies.

Sampling on the permit has encountered mineralization as high as 38.6 g/t Au to date. Company management believes the Moule permit has the potential to host both a large near-surface, bulk tonnage gold deposit and a shear-hosted vein deposit. There are currently four target areas: Zelingpe 1, Zelingpe 2, Vein 2 and Vein 3. The first ever drill program was completed in February 2011, testing the Zelingpe 1, Zelingpe 2 and Vein 3 targets.

The Vein 3 target lies approximately 4.7 kilometres to the west of Zelingpe 1. It is a shear-hosted vein zone that has been traced in excess of 1500 metres by widely spaced soil geochemical lines. 500 artisanal miners are currently working a 400 metre long portion of this vein. Grab sampling from the tailings of the artisanal activity has returned a high of 16.5 gpt Au, with 21 of the 42 samples taking returning values in excess of 1 gpt Au.

_{Moule Vein 3 Plan}

Three drill transects were completed at Vein 3 spaced 120 metres apart. Transects consisted of 2 holes scissoring the vein. Gold mineralization was intersected in four of the 6 holes, including both holes on section 10 and on section 11. Vein 3 is traceable by this drilling for over 200 metres and is open in both directions. The drill sections and plan suggest the two holes on section 12 were collared too far east, missing the target. Highlights from Vein 3 drilling include: 29.67 gpt Au over 7 metres and 10.86 gpt Au over 3 metres. The widths and grades reported are drill intercept widths and may not represent the true width of mineralization.

VEIN 3 INTERCEPTS
Hole Number	From m	To m	Width m	gpt Au	Total Length
MORC-10A	108	114	6	0.80	120
MORC-10B	70	77	7	29.67	100
including	74	76	2	85.66
MORC-11AB					40
MORC-11A	67	70	3	10.86	120
MORC-11B	85	90	5	0.88	100
MORC-12A				missed vein	120
MORC-12B				missed vein	102

The 1.0 kilometre long by 120 metre wide Zelingpe 1 anomaly is covered by a resistant laterite plateau. The IP Survey penetrated the hardcap plateau and identified a strong coincident IP chargeability high and resistivity low, a geophysical signature suggestive of disseminated sulfide and quartz veins. The edges of the laterite plateau have eroded near the fringes of the anomaly, casting anomalous gold values into soils to the east, west and south. An area of eluvial workings and artisanal pits is located immediately west and on the southwest fringe of the Zelingpe 1 anomaly. There are also soil values to the east and south of the plateau edge with anomalous values to 1,865 ppb Au.

_{Moule Zelingpe 1 Plan}

Three drill transects were completed at Zelingpe 1 spaced 200 metres apart. Each transect consisted of three holes. A new mineralized gold system was identified at Zelingpe 1, traceable for 500 metres and open in both directions. Drill intercept highlights include: 1.12 gpt Au over 28 metres; 0.47 gpt Au over 11 metres; 0.24 gpt Au over 30 metres; 0.24 gpt Au over 32 metres; 0.20 gpt Au over 35 metres and 4.53 gpt Au over 5 metres.

_{Moule Zelingpe 1 Section 1}	_{Moule Zelingpe 1 Section 2}	_{Moule Zelingpe 1 Section 3}

ZELINGPE 1 TARGET DRILL INTERCEPTS
Hole Number	From m	To m	Width m	gpt Au	Total Length
MORC-01A	19	23	4	0.54	100
MORC-01B	21	49	28	1.12	145
and	62	73	11	0.47
and	115	145	30	0.24
MORC-01C				nil	100
MORC-02A	38	39	1	0.83	100
MORC-02B	108	109	1	0.70	145
MORC-02C	19	51	32	0.24	130
and	83	118	35	0.20
MORC-03A				nil	150
MORC-03B	61	62	1	0.68	150
MORC-03C	42	47	5	4.53	130

The Zelingpe 2 anomaly lies approximately 500 metres southeast of the Zelingpe 1 anomaly and consists of two parallel northeast-trending quartz vein swarms 500 metres apart, both with associated strong coincident IP chargeability high and resistivity low geophysical signatures. Each trend is traceable for 1.4 kilometres by elevated gold values in soils, rock sampling and geophysical anomalies. Recent artisanal workings have appeared on one trend. A 1.1 kilometre by 700 metre grid over the Zelingpe 2 target showed significant multiple anomalous gold trends that range from 25 metre to 150 metres wide. Sixty-eight grab samples within the trends returned values between 1 gram/tonne (g/t) gold and 38.6 g/t gold.

_{Moule Zelingpe 2 Plan}

Six drill transects were completed at Zelingpe 2 spaced 100 to 150 metres apart. Transects consisted of 4 to 6 holes. Plus one gram intersections over at least one metre were reported in 15 of the 27 holes, with highlights including: 1.82 gpt Au over 5 metres; 4.60 gpt Au over 3 metres; 2.06 gpt Au over 3 metres and 3.57 gpt Au over 2 metres.

_{Moule Zelingpe 2 Section 4}	_{Moule Zelingpe 2 Section 5}	_{Moule Zelingpe 2 Section 6}

gpt Au over 2 metres.

_{Moule Zelingpe 2 Section 7}	_{Moule Zelingpe 2 Section 8}	_{Moule Zelingpe 2 Section 9}

ZELINGPE 2 TARGET DRILL INTERCEPTS
Hole Number	From m	To m	Width m	gpt Au	Total Length
MORC-04A	75	79	4	0.30	100
MORC-04B	34	36	2	0.82	112
MORC-04C	53	55	2	0.46	112
MORC-04D	41	46	5	1.82	112
and	55	56	1	1.31
MORC-04EB					14
MORC-04E	44	46	2	1.03	113
and	72	73	1	1.33
and	99	100	1	1.33
MORC-05A	84	85	1	2.13	112
and	96	102	6	0.72
MORC-05B	47	50	3	0.86	112
and	102	103	1	4.22
MORC-05C	5	8	3	4.60	112
and	18	19	1	1.26
MORC-05D	82	83	1	0.53	112
MORC-05E				nil	112
MORC-05F				nil	112
MORC-06A	68	69	1	0.54	112
MORC-06B	87	89	2	1.22	112
MORC-06C	58	60	2	1.05	112
MORC-06D	71	72	1	0.90	112
MORC-07A				nil	112
MORC-07B	5	6	1	1.44	112
and	73	74	1	2.16
MORC-07C	32	34	2	3.57	112
MORC-07D				nil	113
MORC-08A	70	72	2	1.07	112
and	78	80	2	2.98
MORC-08B	10	12	2	1.60	112
and	45	48	3	2.06	112
and	83	85	2	1.50
MORC-08C	26	28	2	2.63	112
MORC-08D	49	50	1	1.05	112

The Company completed an airborne radiometric and magnetic survey in mid-February. These results are pending. The Company completed a 2000 metre by 500 metre soil survey over Vein 3 and a 1000 metre by 460 metre soil survey over Vein 2. These results are pending. The Company completed a 300 metre trench to the west of the Zelingpe 1 target at the base of the laterite plateau testing soil geochemistry for parallel structures. Results are pending.

The Company plans to initiate a surface trenching program at Vein 3 to test the structure along strike. The Company plans to commence follow up drilling on Vein 3 and Zelingpe 1 and in initial drilling on Vein 2 in early June.

Indigo Exploration

Moule

Projects In Burkina Faso