Cameo Provides Update From Its Induced Polarization Survey At Katoro

Core Insights - Cameo Resources Inc. has completed over 50% of the initial Induced Polarization (IP) geophysical survey on its Katoro Gold Property in Tanzania, indicating significant progress in exploration efforts [1][5] Survey Details - The IP survey, conducted by HETAMIS Mineral Services Limited, covers 58 line-kilometers across five grids, with three grids completed, revealing multiple priority targets with high chargeability readings up to 250mV/V [2][5] - Approximately 65% of the Katoro property exhibits structural features suggesting potential gold mineralization, with a focus on the northern and central areas for further exploration [3][4] Geological Context - The Katoro Gold Property spans 19.58 square kilometers within the Sukumaland Greenstone Belt, a region known for its multi-million-ounce gold deposits and ongoing operations by major gold companies [9][11] - The geological characteristics of the area include iron carbonate altered mafic volcanics and quartz feldspar porphyry intrusions, with gold associated with grey quartz veins [9][11]