AXMIN currently has a total of 3.327 million ounces of gold resources in all categories derived from three projects: Passendro Gold Project, Bambari-Bakala Permits in the Central African Republic; Kofi Project Area in Mali; and Komahun Project in Sierra Leone.
These resources are near surface and enhanced by deep levels of oxidation making them well-suited to low-cost open pit mining.
|
Category |
Tonnes (t)
(in millions) |
Grade
(g/t Au) |
Gold Content
(oz) |
|
Passendro, CAR 1 |
|
|
|
|
Indicated |
18.620 |
2.6 |
1,540,100 |
|
Inferred |
16.820 |
2.0 |
1,104,900 |
|
Kofi, Mali 2 |
|
|
|
|
Indicated |
1.560 |
2.8 |
140,000 |
|
Inferred |
4.060 |
3.0 |
389,000 |
|
Komahun, Sierra Leone 3 |
|
|
|
|
Inferred |
4.900 |
2.5 |
392,000 |
|
Total
Indicated
Inferred |
20.180
25.780 |
2.6
2.3 |
1,680,100
1,885,900 |
| |
|
|
|
1 – Passendro: last update was Apr 06, the cut off grade was 1.2 g/t Au except at Main Zone where the distribution of mineralisation warranted 0.8 g/t Au cut off
2 – Kofi: last update was Dec 06, the cut off grade was 1.0 g/t Au
3 - Komanhun: first resource Oct 06, the cut off grade was 1.0 g/t Au |
|