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Operations & Projects > Advanced Projects > Passendro Gold Project

Senegal


Axmin, through its subsidiary SOMIO Toungou SA, is the legal owner of the Passendro gold project situated in the Central African Republic (“CAR”). Due to continued instability in the CAR, the Company, and its staff located in the country, continue to work with local authorities to secure its permits for the project in preparation for the time when the security situation in the country will allow for the safe continuation of the development of the project.


Since 2010, Axmin has maintained its offices and staff in the CAR and most recently in 2019. The company continues to engage with both federal level authorities and the local community and in 2019, the Company committed to assisting the local community with various schooling and infrastructure initiatives.


Resources:


Measured and Indicated: 31.5 Million tonnes, 2,027,000 ounces at an average grade of 2.0 g/t Au


Inferred: 21.6 Million tonnes, 1,105,000 ounces at an average grade of 1.6 g/t Au


For more information, please see Axmin’s annual filings at Sedar.com.