Cameo Samples Average 12.26 Grams Per Ton Gold on Katoro Properties in Tanzania

Core Insights - Cameo Resources Inc. has announced positive results from a recent site visit to the Katoro Gold Properties in Tanzania, highlighting the area's potential for gold mining [1][2] Company Overview - Cameo Resources Inc. is a mineral exploration company focused on discovering and developing valuable mineral deposits [8] Property Details - The Katoro Gold Properties cover an area of 12.52 square kilometers within the Sukumaland Greenstone Belt, which is part of the Lake Victoria Goldfield, known for its multi-million-ounce gold deposits [2] - The properties have been previously explored by artisanal miners, with evidence of shallow pits and trenches indicating the presence of gold [2] Sampling Results - Samples taken from active artisanal mining pits on the property showed gold grades ranging from 1.63 g/t Au to 34.2 g/t Au, with an average of 12.26 g/t Au [3] - Nearby hard rock operations returned assays from 12.58 g/t Au to 238.74 g/t Au, averaging 108.83 g/t Au, indicating high gold values in the vicinity [4] Ongoing Exploration - The company is conducting a High-Resolution Drone Magnetic Survey over the Katoro Gold Properties to delineate mineralization potential, covering approximately 230 line-kilometers [5] - The survey aims to generate maps for structural interpretation and lithological mapping, which will help identify major shear zones and faults that may control gold mineralization [5] Expert Commentary - Brian Thurston, the company's technical advisor, emphasized the strategic location of the Katoro property amidst active gold operations, suggesting a promising outlook for mineralization [5]