Project Highlights

Project:Onkoshi Au Project
Subsidiary:Antler Gold Namibia (Pty) Ltd
Location:Erongo and Otjozondjupa Regions, Namibia
Ownership:EPL-7464: 90% - Antler Gold PG, EPLs 8991 and 9008 100% Antler Gold PG
Total Coverage:~689 km2 (68,854 ha)
Deposit Style:Skarn-type gold, Intrusion-related gold, thermal aureole gold
Key Attributes:Within the ‘gold belt’ of Namibia
Asset Stage:Land access; ECC
  • Covers highly prospective areas of the Damara Mobile Belt for Gold
  • Significant similarities to B2Gold’s Otjikoto and Wolfshag deposits.
  • Historical magnetic surveys and IP geophysical surveys show the mineralisation to be highly magnetic and conductive.
  • Interpreted combined strike length in the order of 5.5 km
  • Historic drill testing conducted with encouraging Gold results, including PGE credits.
  • Less than 500m of strike-length has been historically drill tested to date
  • Numerous Gold in soil anomalies and promising Gold in rock (based on available exploration data).
  • Recent work has delineated open-ended mineralisation, supported by coincidental EM and IP anomalies over a strike length of at least 3 km (2004, Helio Capital Corporation NI 43-101*)
  • Mineralisation: Magnetite-amphibole skarn, massive sulphide, and sulphide-bearing calc-silicates and marbles host the gold mineralisation. The dominant ore minerals are pyrrhotite, pyrite, and magnetite, with minor chalcopyrite, arsenopyrite and gold.
  • Additional potential exists for intrusion-related and/or thermal aureole gold mineralization at the Onkoshi South-East (“SE”) Target (EPL-8991). EPLs 7464, 8991 and 9008 form part of the Onkoshi Gold Project land package (Figure 1).

“Considered to rank as one of the best gold targets in Namibia, arguably alongside the B2Gold’s Otjikoto deposit”
(2004, Helio Capital Corporation NI 43-101*)

Figure 1: Onkoshi Gold Project land package comprising EPLs 7464, 8991 and 9008. Multiple gold targets are highlighted in close proximity to regional-scale structures.

Historical Non-Compliant Resource Estimates

  • 8 193 311t @ 0.65g/t Au for 170,800 oz @ 0.25g/t Au cut-off.
  • 4 766 028t @ 0.80g/t Au for 122,887 oz @ 0.50g/t Au cut-off.
  • 2 651 413t @ 1.02g/t Au for 87,184 oz @ 0.75g/t Au cut-off.

By Peter Karelse on behalf of BAFEX (subsidiary of Helio Capital Corporation), non-compliant resource, “potential”/unclassified resource (2004, Helio Capital Corporation NI 43-101*)

Figure 2: Encouraging gold intersections in diamond core drill holes ERD9 (16m @ 1.64g/t Au incl. 3m @ 3.42g/t Au) and ERD4 (13.37m @ 0.36g/t Au), and RC drill hole ERRC25 (12m @ 3.09g/t Au).

Figure 3: Remanent magnetic anomalies on the Vredelus and Erindi targets. The footprint of the remanent magnetic anomaly associated with the Otjikoto Gold Deposit is included for a size comparison.

Onkoshi South-East (“SE”), Namibia

The Onkoshi SE target is situated on EPL-8991, contiguous with EPL-7464, forming part of the main Onkoshi Gold Project which is an Antler PG project (see Press Release (Figure 1). The area of interest contains a roughly circular magnetic body, ~6km across, coinciding with granite intrusives (Salem Igneous Suite) and is situated ~30 km from the historic Erindi and Vredelus gold prospects (EPL-7464). The magnetic body appears to form a potato-like feature around which the Swakop Group metasediments of the Damara sequence are wrapping. 

Onkoshi SE is an intrusion-related gold mineralisation target within the complex and surrounding geological environment. The presence of extensive granite plutonism in this area along with potential structural and chemical traps between the granite and metasediments present optimal conditions for the deposition of rare and precious metals. Deposit types to be investigated include sheeted vein-systems, vein-disseminations in carbonaceous rocks and intrusion-proximal to outer-aureole types.

An application for an Environmental Clearance Certificate is underway. Initial desktop geophysical interpretation of regional airborne magnetic and radiometric data will be done. Reconnaissance mapping and rock chip sampling campaigns are planned.

The target similar to the Kokoseb Gold Discovery (WIA Gold), a granite dome-like feature that presents a potential source of mineralising fluid and heat, along with favourable structural complexity for deposition of precious and rare metals.

Forward Looking Statements

Information set forth in this presentation contains forward-looking statements that are based on assumptions as of the date of this presentation. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Antler Gold Inc. (“Antler Gold”, “Antler” or the “Company”) cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Antler’s control. Such factors include, among other things: risks and uncertainties relating to metal prices, changes in planned work resulting from weather, logistical, technical or other factors, the possibility that results of work will not fulfill expectations and realize the perceived potential of Antler Gold's mineral properties, uncertainties involved in the interpretation of drilling results and other tests, the possibility that required permits may not be obtained in a timely manner or at all, risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions, the possibility of cost overruns or unanticipated expenses in work programs, the risk of environmental contamination or damage resulting from the exploration operations, the need to comply with environmental and governmental regulations and the lack of availability of necessary capital, which may not be available to Antler Gold acceptable to it, or at all. Antler Gold is subject to the specific risks inherent in the mining business as well as general economic and business conditions. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Antler Gold undertakes no obligation to publicly update or revise forward-looking information. Antler Gold does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation. For more information on Antler Gold, readers should refer to Antler Gold's website at

Qualified Person 

The technical and scientific information in this presentation has been reviewed and approved by Oliver Tors, B.Sc (Hons)., Exploration Manager of the Company,  who is registered Professional Natural Scientist with the South African Council for Natural Scientific Professions (Pr. Sci. Nat. No. 120660) who is a Qualified Person as defined by NI 43-101. Mr. Tors is an employee of Antler Gold Inc. and is not independent of the Company under NI 43-101.

Technical Reports & Disclosures 

Onkoshi Gold Project – Historical data outlining various exploration programmes and results were obtained from the Geological Survey of Namibia as open file Exclusive Prospecting Licence holders statutory reporting. A technical report with an effective date of 19 May 2004 was prepared for Helio Capital Corporation by  Michael Robertson, Pr.Sci.Nat. of Steffen, Robertson and Kirsten (South Africa) (Proprietary) Limited, in accordance with NI 43-101. The 2004 technical report provided a review and assessment of the portfolio of the exploration properties held by BAFEX (a subsidiary of Helio Capital Corporation) in Namibia and included a non compliant resource estimate.

Antler has not undertaken any independent investigation of the sampling, nor has it independently analyzed the results of the historical drilling in order to verify the results.”  

Please contact for full technical deck.

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