Amani Gold Limited
Review of Operations
For the year ended 30 June 2021
REVIEW OF OPERATIONS
Giro Gold Project
The Giro Gold Project comprises two exploration permits covering a surface area of 497km² and lies within the Kilo-
Moto Belt of the DRC, a significant under-explored greenstone belt which hosts Randgold Resources’ 17 million-
ounce Kibali group of deposits within 35km of Giro. The nearby Kibali Gold Project produces more than 600,000oz
gold per annum.
Giro Gold Project global resource for Kebigada and Douze Match deposits exceeds 4.4Moz contained gold; with a
total Indicated and Inferred Mineral Resource Estimate of 132Mt @ 1.04g/t Au, for 4.4Moz gold (0.5g/t Au cut-off
grade).
DRC Feasibility Study Upgrade
In December, Amani advised that the Beijing General Research Institute of Mining and Metallurgy (“BGRIMM”)
had commenced an update of the Kebigada deposit DRC Feasibility Study. The Feasibility Study will comply with,
and in many aspects exceed, current DRC regulations. BGRIMM have supplied the DRC FS in draft form which is
now under review and analysis by Amani Gold.