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BEREGOVO-KVASOVO

The Beregovo and Kvasovo Mining District lies within the Transcarpathian Terrain.  The properties fall within the Carpathian Neogene volcanic belt which has historically produced appreciable gold.  Numerous gold-silver-lead-zinc occurrences exist near the properties.

Historic drilling was conducted at both the Beregovo and Kvasovo properties (63 drillholes and 2 drillholes, respectively).  Drilling highlights from within the Beregovo Property include: 3.6 grams per tonne gold (“g/t Au”), 31.6 grams per tonne silver (“g/t Ag”), 3.89 per cent (“%”) lead (“Pb”), and 5.68 % zinc (“Zn”) across 32.6 meters; 1.9g/t Au, 248.40 g/t Ag, 9.36 %Pb and 1.66% Zn across 29 meters; 12.2 g/t Au, 48.7 g/t Ag, 3.27 %Pb, and 6.79%Zn across 5.3 meters; and 1.1 g/t Au, 1021.7 g/t Ag, 1.06 %Pb and 2.63%Zn across 27 meters.  Drilling highlights from within the Kvasovo Property include 5.1 g/t Au across 2.1 meters.

The area is well supported by infrastructure of the motorways, mostly narrow, but well-paved. There is also a major railroad running through the Berehove, and rail tracks connected to this railroad run within a few kilometres of the properties.

Based on known gold and polymetallic occurrences at the properties, historic data and favourable geology, the Beregovo and Kvasovo properties have the potential to host a large polymetallic gold deposit(s).  SvitGold’s intention is to continue the development of the properties and to implement an aggressive exploration program in the close future.


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