Our Highlights
US$9m
Cash at end 2019
115,000 -
125,000oz
2020 gold production forecast
Production
Yanfolila is a high grade, low cost open pit gold mining operation which produced over 115,000ozs of gold in 2019
Development
The Kouroussa Gold Project in Guinea is to become the Company’s next producing gold mine of circa 100,000 oz pa in the coming years.
The Dugbe Gold Project is the Company’s Liberian development project being the country’s largest gold project with significant further exploration potential. The Company currently has two core gold projects, the Yanfolila Gold Mine in Mali, and the Kouroussa Gold Project in Guinea. Further, the Company owns the Dugbe Gold Project in Liberia that is being developed and funded by Pasofino Gold Limited (TSX: VEIN) who will have the right to earn in a 49% in the Project once a definitive feasibility study and agreed exploration programme is completed.
Exploration
Both in Mali and Liberia, the Company has a large exploration footprint of around 4,000km2. The Company has a significant interest in AIM listed Cora Gold with prospects in Mali and Senegal (AIM:CORA).