Gaoual Project

The Gaoual Project renewed its Exploration Licence in 2016 covering 220km2 and is located in the north-west of Guinea. Preliminary drilling has shown good Al2O3 grades and the Company has an exploration target to define resources of 100Mt at 45% Al2O3.

LOCATION

Gaoulal Project is located just north of permit no 180 awarded to Societe Alliance Mining Commodities (AMC).

PROJECT MILESTONES

2013(Dec):Exploration License awarded over an area of (435km2)

2014-16- 1st phase exploration programme, Chemical analysis carried out by reputed agencies as:

• Drilling & Sampling done by Geo-Propspect, Guinea.
• XRF testing of samples done by Bureau Veritas, Australia.
• 1st phase of Drilling programme comprise of 5144 meters of depth in 479 Auger Drill Holes 5324 XRF and Bomb – Digestion analysis of Samples.
• 1st phase of exploration report submitted at the CPDM, Guinea.
• Applied for 1st renewal of exploration license.
• Granted renewal of exploration license over an area of about 220 sqkm.
• The maximum elevation in the concession is 283.6m and the lowest is 69.6m.