Exploration work on the Guapore Gold Belt (Santa Elina Gold Belt contained within) property that covers 450,000 hectares was expanded in 2006 to examine the regional potential of the belt which has a large number of gold deposits and occurrences along its almost 200 kilometres strike length.  The Guapore basin formed in a major Proterozoic rift zone extending over 600 kilometres  that was filled by sediments (conglomerates, sandstones and shales) which were then deformed and thrusted.  Historic gold production in the belt to the 1800's was 2.25 million ounces.  Gold mineralization in the northern part of the belt is dominated by quartz veins in tight anticlines below relatively impermeable conglomerates (São Francisco and São Vicente).  In the south part of the belt gold mineralization is dominated by disseminated gold in thick shear zones in tight synclines at or near the sediment/basement contact (Pau a Pique, Ernesto).  In the central area there are a number of gold occurrences within the basement volcano-sedimentary rocks that have had little previous exploration beyond garimpeiro (free miner) activity.