Voyager Resources

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Mongolian Projects

Project Locations Khongor Copper Gold Porphyry Project Tsagann Chuluut Gold Project Tsagaan Gold Project Daltiin Ovor Gold Project

Tsagaan Gold Project

Project Highlights

Strong evidence that an epithermal gold system may be discovered with further drilling
High level Induced Polarisation chargeability anomalies coincident with resistivity highs
Soil sampling returned peak highs of 2.268 g/t and 0.85 g/t gold
One successful diamond drill hole completed to date, returning significant gold anomalism of 17.9 metres at 0.26 g/t Au from 242 metres, with the drill hole ending in 3.90 metres at 0.49 g/t gold
Rock chip sampling returning anomalous gold of up to 6.2g/t in quartz veining at surface and a significant silver trend being outlined over a strike length of approximately 70 metres, returning results of 215 g/t, 92 g/t and 22 g/t silver

Project Overview

The Tsagaan Gold Project is located approximately 165 km south east of the Mongolian capital of Ulaanbaatar. Access is by a sealed road and approximately 15 kilometres of gravel tracks. Voyager Resources has the right to earn up to 80% of the project.

The Company completed detailed soil geochemistry, 1:10,000 scale geological mapping and rock chip sampling at its Tsagaan Gold Project in late 2009. Results were highly encouraging with significant anomalism being returned in soils and rock chip sampling. Soil sampling returned peak highs of 2.268 g/t and 0.85 g/t gold, whilst rock chip sampling outlined a significant silver trend, returning results of 215 g/t, 92 g/t and 22 g/t silver over a strike length of approximately 70 metres.

In addition to the above works the Company sampled and assayed diamond core from drill hole TSDD-02 that was previously drilled and only selectively sampled.

Resampling of TSDD-02 returned significant gold anomalism of 17.9 metres at 0.26 g/t Au being reported from 242 metres with the drill hole ending in 3.90 metres at 0.49 g/t Au from 256 metres. These results support Voyager’s view that the drill hole may have intersected alteration proximal to an epithermal system.

To date, limited exploration has been completed to date. The Company believes that there is strong evidence that an epithermal gold deposit may be discovered with further drilling. This is strengthened by exploration results, which include:

High level chargeability anomalies coincident with resistivity highs.
Up to 3% sulphide (Pyrite) and + 1g/t gold in limited sampling of past diamond core drilling.
Diamond drill hole TSDD-02 returning significant gold anomalism of 17.9 metres at 0.26 g/t Au being from 242 metres with the drill hole ending in 3.90 metres at 0.49 g/t Au from 256 metres.
Anomalous gold and silver in rock chip sampling of up to 6.2g/t gold and 215 g/t silver