Projects

Lakanfla

LAKANFLA PROJECT
COMMODITY
  • Gold
  • OWNERSHIP
  • 100%
  • LOCATION
  • West Mali, Africa
  • 15 km south of producing Sadiola Gold Mine
  • PERMIT AREA
  • 24 sq. km - Lakanfla
  • STAGE
  • Advance stage exploration
  • Significant drilling, geophysical and geochemical programs completed
  • MINERALIZATION
  • Carbonate-hosted, karst-enriched mineralization similar to Yatela mine
  • Geological units hosting Sadiola's satellite pits FE3 and FE4 (which have produced >1M oz of gold) extend into the Lakanfla project area
  • 1 km of artisanal workings with high-grade intersections
  • Highlights

    • Developed a new exploration strategy by the strengthened management team, which seeks to follow the intersection of mineralized structures with carbonate lithologies where there may be potential for significant gold accumulation and enrichment
    • Completed a 48 sq km ground gravity to define deep erosional structures in carbonate horizons present on the permits. Four areas warranted infill surveys at 100 m line spacing with readings every 25 m. Interpretation of the free-air Bouguer and residual anomaly maps clearly show a series of N-S to NNW-SSE trending anomalies cross-cutting the regional NNE-SSW trends. The intersection of these N-S gravity lows with positive NNE lithological trends may indicate areas of deep weathering of altered calcareous sediments and associated mineralization. Several of these anomalous "lows" lie adjacent to outcropping N-S trending vein artisanal workings, suggesting that the structures have promoted deeper weathering and may indicate areas of deeper oxidation
    • Tied ground gravity survey into larger regional data sets extending as far as the Sadiola Gold Mine data
    • Completed a gradient array IP survey over the area covered by ground gravity
    • Processing data from IP survey to refine targets for future drill targets
    • Field work has identified 6 high priority drill ready targets

    Lakanfla Project - Presentation (November 2015)