Mansounia Project   |   Guinea

Overview

The Mansounia Exploration License is centered on Latitude 10º 23’N and Longitude 9º 47’ W in the Kouroussa Prefecture, Kankan Region, in Guinea, West Africa and covers a surface area of 145 square kilometres.  The project is located approximately 500 kilometres east by main highway from the capital city, Conakry, to the town of Kouroussa (alternatively 80 kilometres west by road from the country’s third largest city, Kankan, to Kouroussa), and then 50 kilometres south by minor unsealed road to the town of Kiniero, located immediately east of the concession area. Kouroussa is a small district town and the capital of the Kouroussa Prefecture.

Blox_Guinea Map_Mansounia Location.jpg

Fig. 7: Mansounia Project Location, Guinea.

Geology

The Mansounia property lies in the southwest margin of the Siguiri Basin, overlying the Archaean Liberian Crayton, Further geological and technical details will be made available upon completion of technical reports being prepared for the property.

Rocks in the project area have undergone deep weathering commonly showing 30m to 50m of saprolite developed over the bedrock.  Secondary gold mineralization has been identified in the oxide profile at MGD and is reported to be similar in tenor to that which has been mined and processed via heap cyanide leach at Siguiri.  Deeper drill holes have exposed relatively thin (typically <5m), steep (~75º) north-north-east trending mineralized structures in fresh and partially weathered volcanic units.

Mansounia Location Map, Concessions & Areas of Interest

Highlights

• Mansounia Exploration Licence Extended – Seeking Mining License.

• Potential of further Mansounia mineralization & new exploration targets identified - South and East potential zones.

• Pre-Feasibility Assessment (PFA) and Environmental and Social Impact Assessment (ESIA) have been completed.

 

• Mining License application process underway. Goal is to obtain a Mining License in Guinea in late 2019.

PRIORITY DEVELOPMENT ASSET

• Free dig oxide resource beneath lateritic cap.

• Total Mineral Resource Estimate 1.29M Oz at 0.8g/t
Au
(1) at a 0.4 g/t Au cut-off grade.


• Simple multiple shallow open pit operation.
 

• Straightforward metallurgical recovery by gravity,
vortex and conventional CIL expected.

AT SURFACE GOLD DEPOSIT

SIGNIFICANT EXPLORATION POTENTIAL

• Large under-explored concession of 144.34 square kms; step-out drilling targets and depth potential.
 

• Concession re-application reporting requirements
completed, view to securing a Mining License
during 2018.


• Rock Chip and Grab Sampling carried out in early
2017 identified 12 potential areas of interest.

Mansounia Project Photo Gallery

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