Tag: #Senegal

Chesser Resources finds more gold in Senegal

Chesser Resources finds more gold in Senegal

Chesser Resources (ASX:CHZ) has released the assay results from an additional 20 holes that were drilled on its Diamba Sud gold project in Senegal where the drill bit was testing other areas of a large geochemical anomaly. And with success, considering the RC drill program encountered high-grade gold mineralization very […]

IAMgold starts drilling at Stratex’ Dalafin gold project

IAMgold starts drilling at Stratex’ Dalafin gold project

IAMgold (IMG.TO, IAG) has now completed its preliminary studies (which included a review of the historical core and chip samples and a mapping program) at the Dalafin gold project in Senegal, and is now in the final stages of mobilizing a drill rig to test the Madina Bafé gold prospect […]

Bassari Resources secures funding for the Makabingui gold project

Bassari Resources secures funding for the Makabingui gold project

Bassari Resources (ASX:BSR) has received the final approval from the Coris Bank International with regards to a credit facility of US$13M to build the Makabingui gold project in Senegal. This is a first step to develop the property which has a total gold resource of approximately 1 million ounces at […]

Teranga Gold plans to produce 215,000 ounces of gold in 2018

Teranga Gold plans to produce 215,000 ounces of gold in 2018

Teranga Gold (TGZ.TO) completed a successful 2017 wherein it produced just over 233,000 ounces of gold at its Sabodala project in Senegal. The higher gold price and good production results have increased the year-end cash position to $88M, which will allow the company to develop its next project; the Banfora […]

Bassari Resources announces maiden reserve estimate

Bassari Resources announces maiden reserve estimate

Bassari Resources (ASX:BSR) has announced a first reserve estimate on its Makabingui gold project in Senegal where it has outlined an open pit reserve estimate of 158,000 ounces of gold at an average grade of 5.7g/t. This grade is a positive surprise as the average grade of the resource estimate […]