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Re: mick post# 8

Thursday, 04/23/2020 11:02:10 AM

Thursday, April 23, 2020 11:02:10 AM

Post# of 81
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.

http://www.africangoldgroup.com/

http://www.africangoldgroup.com/investors/investor-information/
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