Projects

Diba

DIBA PROJECT
COMMODITY
  • Gold
  • OWNERSHIP
  • 100%
  • LOCATION
  • West Mali, Africa
  • 15 km south of producing Sadiola Gold Mine
  • LICENSE AREA
  • 83 sq. km - Korali Sud
  • STAGE
  • Advance stage exploration
  • MINERALIZATION
  • Sediment-hosted, disseminated epigenetic, replacement gold deposit
  • Near surface oxide resource (75 m below surface)
  • Shallow dipping ore bodies with potentially low strip ratio
  • Highlights

    • Acquired the Diba project from Endeavour Mining
    • Reviewed database and planned field work
    • Re-calculated a NI 43-101 compliant Indicated and Inferred resource (see Technical Report below)
    • Combined the Diba and Badiazila exploration permits into a new permit application under the name "Korali Sud". The new permit will expire in 2019
    • Completed 4,381 m of AC drilling in 300 holes, on fences 200 m apart on the soil auger anomaly
    • Completed 5,067 m RC drilling in 59 holes in the area of the main Diba resource which improved continuity and found downdip extension

    Technical Reports

    CATEGORY TON
    (kt)
    Au GRADE
    (g/t)
    Au METAL
    (koz)
    Indicated 6,348 1.35 275.2
    Inferred 721 1.40 32.5
    (*) 0.5 g/t cut-off grade (**) 2013 NI 43-101 Technical Report

    Diba Project - Presentation (April 2016)
    Diba Project - Technical Report (June 30, 2013)
    Diba Project - Geological Sections & Level Plans