WEST AFRICAN PROJECTS
as of 2021, around 324 tons of gold were pro- duced in West Africa. Although the leading gold producer in West Africa is currently Ghana, with a gold production totalling 117.6 tons in 2021, Mali also remains a significant producer of gold, producing 63.4 tons in 2021. Accounting for 80% of the country’s total exports in 2021, gold represents Mali’s most important export, accounting for nearly 10% of its GDP. Gold mining remains a leading contributor to employment in the region, with several countries in West Africa benefitting significantly from the revenue generated by gold mining. “With the large number of mid-tier and gold majors operating in West Africa, there has been a large focus on elements such as ESG and education and training of local community members. When you have large mines, which are owned by major busi- nesses, there is a significant benefit in terms of the impact on education. As an emerging miner and an imminent gold producer, Cora Gold is certainly ben- efitting from being established in an area consisting of highly trained people which means that we have at our disposal a well-educated workforce. Coupled with that is the well-established infrastructure such as roads networks,” concludes Monro.
of the Sanankoro project we plan on undertaking more exploration work on the tenement. In fact, we recently hired a new head of geology and one of his key functions is to review Kenieba’s historical data and identify areas of opportunity.” A permit in the Kenieba Project Area (covering 260 km²) is Madina Foulbé (east Senegal). The mid- term renewal of the Madina Foulbé Permit has been ongoing with only limited work having been carried out on the permit during 2022. Results from RC drill- ing at Madina Foulbé in 2020 included 47 metres at 0.63 g/t Au (including 1 metre at 16.4 g/t Au) and 36 metres at 0.53 g/t Au (including 3 metres at 3.78 g/t Au), supporting results from previous shal- low rotary air blast drilling where grades of up to 41.2 g/t Au were noted. West Africa West Africa is a prolific gold producing region. In fact,
A view of the camp site.
22 MODERN MINING September 2023
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