LVGBLake Victoria Greenstone Belt (Tanzania)
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The Company's evaluation of its mineral potential, as all companies in the LVGB, has been hindered somewhat by the presence of extensive overburden.
Sinclair noted that the Company's improved target selection capability has been further enhanced with the purchase of a combination RAB/RC (Rotary Air blast/Reverse Circulation) drill which should be fully operational in the LVGB in February of 2005.
Sinclair added that the primary thrust of management "has been to optimize the Company's assets in the LVGB to facilitate the discovery of economically viable mineral deposits.