Projects

Tabakorole

TABAKOROLE PROJECT
COMMODITY
  • Gold
  • OWNERSHIP
  • 100%
  • LOCATION
  • South Mali, Africa
  • PERMIT AREA
  • 100 sq. km - Tabakorole permit
  • STAGE
  • Advance stage exploration
  • MINERALIZATION
  • Shear-hosted orogenic gold system
  • On the Massagui Belt which hosts Morila Gold Mine (Randgold)
  • Near surface oxide resource (less than 35 m below surface)
  • Highlights

    • The Tabakorole Project originally consisted of the Foulalaba, Tiekoumala and N'panyala permits
    • An application for a new exploration permit combining the Foulalaba permit with the Tiekoumala permit into one new permit, now known as the Tabakorole permit, was lodged with the Department of Mines on May 19, 2014
    • In 2014 a 741 m infill RC drilling program was completed. The 14 drill holes were located to provide intersections in oxide mineralization in areas where sulfide grades had been extrapolated into the oxide zone. The drilling confirmed continuity and grade of oxide mineralization of the FT deposit
    • In 2014 a detailed and infill termite mound sampling on an area of approximately 3 km by 2 km on the Npanyala exploration permit was also completed
    • During the first quarter of 2015, the Mining Convention between Legend and the Malian Government was ratified. The Tabakorole license was granted by the government on June 25, 2015 for a period of 3 years with two renewals of two years each
    • In April 2015, Legend entered into an agreement with a private Canadian company ("Canco") whereby the Canco can acquire a 100% interest in the Tabakorole Property
    • In March 2016 the Agreement with Canco expired and all rights to Tabakorole reverted to Legend.

    Technical Reports

    CATEGORY TON
    (kt)
    Au GRADE
    (g/t)
    Au METAL
    (koz)
    OXIDE Indicated 1,040 1.01 34.0
    Inferred 960 1.14 35.0
    SULPHIDE Indicated 6,840 0.94 207.0
    Inferred 9,590 1.03 318.0
    (*) 0.5 g/t cut-off grade (**) 2007 NI 43-101 Technical Report

    Tabakorole Project - Technical Report (July 27, 2007)