Kaniago is a gold property 46 square kilometres in size, located on the Asankrangwa Gold Belt and contiguous to two past open pit gold producers, Obotan to the south and Abore to the north.
Kaniago lies in a NNE-trending belt of Birrimian metasedimentary rocks that includes three mineralized corridors. The Kaniago-Abore-Keegan Trend regionally contains the 1.7 million oz Esaase and 300,000oz Abore deposits, the Kaniago-Adubiaso Trend contains the Adubiaso deposit, and the Kaniago-Obotan trend contains the 800,000 oz Obotan deposit. All of these deposits have geochemical/geophysical footprints of 500m to 2km in length that are elongated in a NNE to NE direction. They are all steeply-dipping quartz vein arrays or stockworks with associated silicification that produce resistive zones in otherwise conductive carbon-bearing metasedimentary rocks. The deposits are terminated by ENE-trending aeromagnetic lineaments with resistive segments.
Midlands Minerals has now defined five robust drill targets, following interpretation of the recent Geotech Airborne geophysical survey, including VTEM, aeromagnetics and radiometrics, in terms of the geology and gold-in-soil surveys of its tenement. These drill targets, at Kaniago and Mmooho, are represented by geochemical footprints up to 1km long in folded metasedimentary rocks of the Birimian System, with promising geophysical signatures as described below in the context of known deposits in the region.
The Kaniago Target is defined by a gold geochemical footprint about 1km long and 500m wide elongated in a NNE direction. It is interpreted to be a more resistive zone within conductive metasedimentary rocks and associated with the resistive segment of a ENE-trending aeromagnetic lineament.
All data are consistent with a gold mineralized system similar to other known gold deposits in the region. The Mmooho Target is defined by an approximately 800m long and 200m wide gold geochemical anomaly with enhanced conductivity, perhaps related to increased secondary porosity related to gold-related alteration. There is a more resistive zone at the southern end. Similar associations are noted at the Esaase deposit. There are also several other, less-coherent gold geochemical anomalies with associated geophysical parameters that are secondary targets within the known regional gold trends.