Operations
The Company currently has two core gold projects, the Yanfolila Gold Mine in Mali, and the Kouroussa Gold Project in Guinea. 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.
Mali
The Yanfolila Gold Mine is a high grade, low cost open pit mining operation situated in the southern region of Mali, West Africa. The fully-funded project commenced construction in October 2016 and was built on time and on budget, to pour first gold before year end 2017.
US$88.6m
Delivered for Capex
Liberia
The Dugbe Gold Project is one of the largest discoveries of gold in West Africa. The completed Preliminary Economic Assessment (“PEA”) shows that the 4.2Moz Resource would deliver a 20 year LoM with 125,000oz gold produced per year. The project MDA was passed into law in Q2 2019.
4.2Moz
Indicated mineral Resource at 1.4g/t