Thursday, December 12, 2019 8:48:12 AM
(2) The highest grade undeveloped open-pit gold reserve in Africa statement is based on publicly filed data available on S&P Capital IQ as at Nov. 15, 2019, and includes the following projects: Sanbrado project (Burkina Faso), Tulu Kapi project (Ethiopia), Passendro project (Central African Republic), Yaoure (Ivory Coast), Wa-Lawra project (Ghana), Baomahun (Sierra Leone), (Block 14) Sudan, (Bombore) Burkina Faso. Other companies may calculate their respective reserves base differently.
Sanbrado project (Burkina Faso) - https://www.westafricanresources.com/projects/sanbrado-project/
Resource: 2.4 million ounces indicated at 1.9g/t Au + 684k ounces inferred
Owner: West African Resources Ltd (ASX:WAF) – Market Cap $350 Million AUD
Tulu Kapi project (Ethiopia) - https://www.kefi-minerals.com/projects/ethiopia/tulu-kapi/resources-reserves
Resource: 1.72 million ounces indicated at 2.12g/t Au + very little inferred resource
Owner: Kefi Minerals (AIM: KEFI) – Market Cap £13.60 Million Pounds
Passendro project (Central African Republic) -http://www.axmininc.com/images/axmin_presentation_8jun2018.pdf
Resource: 2.03 million ounces indicated at 2.0g/t Au + 1.1 million ounces inferred
Owner: Axmin Inc. (TSXV: AXM / OTCBB: AXMIF / FRA: A4JN) – Market Cap $47 Million CAD
Yaoure (Ivory Coast) - https://perseusmining.com/wp-content/uploads/2019/10/Fact-Sheet-Yaoure-Rev4.pdf
Resource: 1.9 million ounces indicated at 1.4g/t Au + 1.5 million ounces inferred
Owner: Perseus Mining Ltd. (TSX:PRU) – Market Cap $1.05 Billion CAD
Wa-Lawra project (Ghana) - https://www.azumahresources.com.au/projects-reservesnresources.php
Resource: 1.78 million ounces indicated at 1.8g/t Au + 982k ounces inferred
Owner: Azumah Resources Ltd. (ASX: AZM) – Market Cap $33 Million AUD
Baomahun (Sierra Leone) – Purchased by Perseus Mining in 2016 : https://www.juniorminingnetwork.com/junior-miner-news/press-releases/508-tsx/pru/16981-recommended-combination-of-perseus-mining-limited-and-amara-mining-plc.html
Block 14 project (Sudan) - http://orcagold.com/assets/docs/presentations/Orca-Gold_FS-PRESENTATION.pdf
Resource: 2 million ounces indicated at 1.2g/t Au + 375k ounces inferred
Owner: Orca Gold (TSXV: ORG) – Market Cap $66 Million CAD
Bombore (Burkina Faso) - https://www.orezone.com/en/bombore-project/resources-reserves/
Resource: 4.17 million ounces indicated at 0.69g/t Au + 1.1 million ounces inferred
Owner: Orezone Gold Corporation (TSXV:ORE) – market Cap $143 Million CAD
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM