Cameo Resources Inc. has completed over 50% of the initial Induced Polarization geophysical survey previously announced on 8th October 2025. The Company has engaged HETAMIS Mineral Services Limited to conduct the IP survey over its 100% owned, 19.58 square kilometer, Katoro Gold Property, located in the Geita region of the Lake Victoria Goldfields of Tanzania.
HETAMIS has been engaged to collaborate with Dr. Didas M. Mabula and complete the initial dipole-dipole IP survey on the Property consisting of 58 line-kilometers in 5 grids covering a total area of 3.1855 km2. Three of five grids have now been completed and the raw data captured. The initial data has shown multiple priority targets with high chargeability readings up to 250mV/V. The Company will wait until all field data has been collected and processed to make decisions on drillhole priorities and field work is anticipated to completed in the next two to three weeks with the goal of fast-tracking the targeting of proposed drill locations.
In collaboration with Dr. Mabula, the Company has determined that approximately 65% of the Katoro property shows structural features that indicate the prospectivity to host gold mineralization. It was determined that with such a large prospective area, that the Company proceed by targeting mainly the northern and central portions of the Property.
Brian Thurston, PGeo, states: “It is exciting to see the initial raw and unprocessed data already indicating the high prospectivity for gold mineralization to be discovered on the Katoro property. We continue to see similarities between the Katoro Property and the Buckreef Gold Mine just 15km northeast an we now have IP data that suggests depths of potential mineralization comparable to what is known to occur at the Tembo Gold deposit of the Buckreef Gold Mine. We continue to follow good science as it leads toward fast-tracking the inaugural drill program.”
