Siguiri Gold is targeting low operating cost and low capital cost near term production of a bulk-tonnage, at-surface open pit mining operation at its Siguiri Gold Project (SGP or the Project) in Guinea, West Africa.
Find out morePROJECT
SIGUIRI GOLD PROJECT
The SGP is located within the prolific Birimian Greenstone belt which contains 300moz+ au and host to several multi million-ounce gold mines and projects.
The Project covers 168km2 across three tenements (North, South and West) and work to date confirms the project lies on the same geological fault as AngloGold Ashanti’s 210k Au/Oz per year Siguiri Mine (SAG).
Work by Suigiri Gold has identified at least 4 mineralised corridors across North and South tenements. Based on aeromagnetic data the mineralised lithologies typical of SAG are also expected to be present on the West tenement.
Find out moreWHY INVEST?
Investment Highlights
Guinea’s Siguiri Basin is an attractive jurisdiction with notable exploration potential
- Birimian Greenstone geological setting similar to that of neighbouring Mali, Ghana and Burkina Faso
- Region has seen multiple discoveries including the Lefa 170 koz/pa (NordGold) and SAG 210 koz/pa (AngloGold) goldmines and the recent Predictive Discovery, Golden Rim, IAMGOLD and other discoveries
Attractive land package delivering strong results
- Large, 100% owned Siguri Gold Project located 10km south of Anglo Gold’s SAG Mine
- Drilling programs have confirmed 5 near-surface potential deposits including 4.5km of strike on Southern tenement
- Latest drilling completed late 2022 significantly expands key deposits
- Discoveries are open in all directions and are <90 meters from surface (including 35m at 2.9 g/t and 6m at 13.8 g/t)
- Exceptionally low cost of discovery within the region
- Recent independent geological report highlights at least 4 mineralised corridors
Strong management team with depth of country expertise
- Local ex-pat team has multiple decades of combined in-country experience
- Local team led by Michael Mulvey and Adama Kouyate is well positioned within local community and has well established government relations
- Responsible for the build of the existing infrastructure at the Siguiri Gold Project and the successful execution of the 2021 and 2022 exploration programs
West Africa & Guinea
JURISDICTION PROFILE
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