Our wholly-owned Boto Gold Project comprises 236 square kilometres, and has an indicated resource of 1.6 million ounces, with an average grade of 1.8 grams of gold per tonne, and a further 125,000 ounces in inferred resources grading 1.3 grams of gold per tonne (resources as at December 31, 2015). In 2015, we completed approximately 14,400 metres of diamond drilling as part of a 50 x 50 metre infill program, principally on the Malikoundi deposit. Final assay results from the 2015 drilling program continued to confirm continuity of mineralization with frequent high grades over wide areas.
The deposit is open at depth.
Final 2015 assay results included:
- 36 m at 3.59 g/t Au, including 7 m at 9.46 g/t Au
- 25 m at 4.26 g/t Au, including 8 m at 8.80 g/t Au
In 2016 we will continue technical studies to support economic evaluation and prepare application for exploitation permit.