AFRICAN GOLD GROUP
African Gold Group is a Canadian listed exploration and development company on the TSX Venture Exchange (TSX V:AGG) with its focus on developing a gold platform in West Africa.
African Gold Group is focused on the development of the Kobada Gold Project in Mali, a low capital and low operating cost gold project with the potential to produce more than 50,000 ounces of gold per annum for greater than 10 years of mine life. The Kobada Project is an advanced gold project located approximately 125km south south west of Bamako, the capital city of Mali.
Kobada is a near-surface gold project that has a global resource base of over 2.2Moz of gold. Previous operators completed 1,108 holes and 126,335m of drilling on the property and completed 3 economic studies, the last one being a feasibility study released in February 2016. Although the economics were compelling, the new management of the project has decided to undertake internal scoping studies in order to gain a better understanding of the project with a goal to optimize the size of the envisioned mine and increase the confidence in the resource model.
For further information please contact:
President and Chief Executive Officer
(416) 861 2267
A Growing Platform for Quality West African Gold Projects
August 2019 Investor Presentation
General Share Information
Ticker Symbol -- AGG on TSX AGGFF on OTC
Shares Outstanding -- 62 Million
Options -- 2.46 Million
Warrants -- 14.2 million
PROJECT OVERVIEW http://www.africangoldgroup.com/projects/kobada-gold-project-mali/