African Mining May 2020 | Page 7

PROJECTS AND EXPLORATION • • Location: Burkina Faso • Phase: Development • Mineral: Gold • Location: Mali • Phase: Expansion • Mineral: Gold The Environmental and Social Impact Assessment (ESIA) for Orezone Gold Corporation’s phase II Bomboré gold project in Burkina Faso has been approved by the Burkina Faso Ministry of Environment and Sustainable Development. The approval marks a significant milestone in the permitting process and solidifies the staged development timeline of the Bomboré project. Bomboré was the subject of an updated feasibility study in 2019 that incorporated a staged higher-grade expansion (Phase II expansion) to the oxide-only mine plan in the 2018 feasibility study. The Phase II expansion incorporates select zones of highergrade fresh rock and lower transition reserves, the high-grade P17S deposit, and the previously excluded seasonal flood plain oxides. With this mine expansion, the 2019 FS highlighted a 60% increase in mineral reserves to 1.8 million gold ounces along with significantly improved project economics as compared to the 2018 FS. According to Patrick Downey, president and CEO of Orezone, the approval is another important step in realising the upside potential at Bomboré. Downey adds that the ESIA review was a rigorous process that involved comprehensive examinations by technical committees of the permitting bodies and formal public hearings. With the approval of the ESIA, the Company has now filed an application to include the planned expansion, which will be the final step in the permitting process. A decision regarding the expansion from the Burkina Faso government is expected in quarter three of 2020. • Type of mine: Open pit gold • Production: Average 117 760 ounces per year (oz/ year) • Throughput: 5.2mtpa (3.0mtpa oxide circuit – 2.2mtpa sulphide circuit) • Reserves: 1.8Moz @0.81g/t gold P&P • Resources: 5.1Moz @ 0.69g/t gold M&I (inclusive of reserves) London company Altus Strategies has appointed independent consulting firm Mining Plus UK to update the historic resource and complete a Preliminary Economic Assessment (PEA) for an open pit oxide gold mine at the company’s Diba project in western Mali. Diba is about 13km south of the multi-million-ounce Sadiola gold mine, in the Kenieba Window Gold belt in the west of Mali. Drill results after the historic resource include 5.36 g/t Au over 13m and 9.60 g/t Au over 8m. Diba hosts a historical near surface gold resource of 6 348 000 tonnes at 1.35 g/t Au for 275 200 ounces in the Indicated category and 720 000 tonnes at 1.40 g/t Au for 32 500 ounces in the Inferred category based on a 0.5 g/t Au cut-off grade. According to Steven Poulton, CEO of Altus, at least six further priority prospects have yet to be drill tested at Diba. “The Diba gold project hosts a near surface and shallow dipping historic resource, about 13km south of Sadiola gold mine and 5km west of the company’s Lakanfla gold project, which is the subject of a joint venture with Glomin Services,” says Poulton. • Location: South Africa • Phase: Production • Mineral: Manganese While the South African Covid-19 lockdown was still in full force in April, one of the country’s successful manganese projects got permission to partially restart its mine. ASX listed Jupiter Mines, owner of South African company Tshipi é Ntle Manganese Mining, got approval from the South Africa government to partially restart its Tshipi Borwa managenese mine in the Northern Cape Province of South Africa. According to Priyank Thapliyal, director and CEO at Jupiter Mines, management worked with contractors, suppliers and Transnet to coordinate the partial recommencement of production and exports. Tshipi Borwa is an open-cut mining operation located north of Kumba’s Sushen iron ore mine, and adjacent to South 32’s Mamatwan mine. Tshipi exported about 3.51 million tonnes of manganese in 2019. www. africanmining.co.za African Mining Publication African Mining African Mining • May 2020 • 5