The objective of the Bellzone 2007 – 2008 exploration programme was to expand the knowledge of the Kalia Iron Mineralisation and to expand the exploration to assess any other potential iron bearing prospects. The programme involved;

• Surface geology assessment and interpretation
• Ground magnetic surveys
• Exploration drilling both percussion (RC) and Diamond Core
• Geological mapping
• Site development of roads, tracks and drill pads to support the mapping, magnetic survey and drilling programmes

The field studies and data processing were carried out by the group of Bellzone geologists (5) and geophysicists (2); 

• Dr. V.N. Burmistrov - Chief Geologist 
• S.F. Savchik F - Geologist 
• E.A Sharov - Geologist 
• I.S. Hlushakou - Geologist 
• A.A. Sonchik - Geologist 
• Dr. S.V. Golobokov - Geophysicist 
• V. Ph. Moiseenko - Geophysicist

In addition three Guinean geologists, G. Keffas, M. Dialo and B. Santani, assisted with the geological field prospecting programme.

Four diamond and one reverse circulation (RC) drill rigs were used to conduct the drilling programme, which involved;

• Shallow diamond and reverse circulation drilling of the Kalia I oxidised surface mineralisation
• Deep diamond drilling of the central area of the Kalia II Bif iron mineralisation
  

Summary of Exploration Activities and Outputs for the 2007 – 2008 Exploration Season

The Kalia Iron Mineralisation has been identified over a strike of approximately 40km running from the north west to south east across the tenements. To facilitate exploration management and planning the Kalia mineralisation has been divided into two areas, Kalia I (a 19km strike starting in the north west of the tenement) and Kalia II (a 20km strike linking from the south eastern point of Kalia I and extending in an easterly direction)
 
Exploration drilling- Kalia I 

• 3,550.6m of diamond drilling to depths of up to 600m into primary BIF 
• 1,504.4m of diamond drilling of surface material to depths of between 30-100 m. 
• 780m of reverse Circulation drilling of surface material to depths of 30-70 m 
• 68 Drill Pads 
• 43.7km of roads and access ways to drill pads constructed

Magnetic Survey

• 160.8km² total magnetic survey area on 200х10m grid including 
• 71.3km² Kalia I iron mineralisation 
• 63.0km² Kalia II iron mineralisation 
• 10.1km² Sandenia iron prospect (Faranah Lease 06/3077) 
• 1.6km² Dantilia iron prospect (Faranah Lease 06/3077) 
• 14.8 km² Laya iron prospect, 1,000х10m grid (Faranah Lease 06/3077) 
• 768.4km Preparation and clearing of magnetic survey lines

Exploration and Survey Routes 

• 838.6km of geological mapping traverses 
• 450.5km of reconnaissance mapping traverses 
• 56.5km of detailed exploration routes within the “Central” area of the Kalia I iron mineralisation at a mapping scale of 1:10,000

Sampling and Analysis 

• 1,198 Diamond Core samples for Iron 
• 380 RC samples for Iron 
• 137 Diamond Core samples for sulphide mineralisation 
• 514 Surface samples

Data processing and interpretation of results 

• Schematic geological map of the area of permit А2005/5755, scale 1:50,000 
• Schematic geological map of the Kalia I and Kalia II mineralisation, scale 1:50,000 
• Geological map of basement rocks, Kalia I mineralisation, scale 1:25,000 
• Geological map of Kalia I surface oxidised ores, scale 1:25,000 
• Geological map of the Kalia II mineralisation, scale 1:50,000 
• Schematic geological and geophysical maps of the “Central” area of Kalia I, scale 1:10,000
• 71.3 km² of magnetic field mapping of the Kalia I mineralisation, scale 1:25,000
• 63.0 km² of magnetic field mapping of the Kalia II mineralisation, scale 1:25,000
• 26.5 km² of magnetic field mapping of prospecting areas on Lease 06/3077, scale 1:25,000
• Geological section along drilling profile No 3, scale 1:2,000
• Geological section of surface oxidised ores along drilling profile No 3