Dambludi is Georgian Mining’s third most advanced prospect. Covering an area of 2km by 1km, Dambludi is a base and precious metal project located 8km south-west of the Madneuli mine. A structurally controlled, east-west trending swarm of vein style mineralization is hosted within Mid-Jurassic carbonate sediments and diorite intrusive bodies.
DB East: Bonanza gold mineralization in steep-dipping narrow quartz veins within historical adits (> 3000 g/t Au) hosted within hydrothermally altered Jurassic intrusives and volcaniclastics.
DB West: High grade polymetallic mineralization (up to 20% Zn, Pb, Cu), again in steep-dipping narrow quartz veins within historical adits, coincident with large soil anomalies up to 5 km west of known mineralized zones.
Historical (Soviet-era) drilling totalled 18,750 m and typically extended to 100m below surface, and there are extensive adits in both the eastern and western areas. Much of the deposit appears to be shallow but is also open at depth.
During 2017 GEO carried out grab and chip channel sampling, soil geochemistry and geophysics surveys (Induced-Polarisation), and in 2018 a small portion of the adits were also inspected and resulting grab samples yielded very attractive grades of up to 14.3 g/t Au & 4.16 % Cu.
Future GEO work programmes aim to validate the historically high-grade mineralization and early sampling indicates high potential for previously unevaluated disseminated gold mineralization.