Koulekoun Project
Koulekoun
Country Guinea 
Status ADVANCED DISCOVERY 
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Last updated on 6/23/2010 - Terms of Use
Risk and valuation analysis of the Koulekoun Project
Status Risk : Advanced discovery
Country Risk : Moderate
Title(s) of the Koulekoun Project
Avocet Mining PLC
Option on interest: 100%
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The 270km2 Koulekoun Exploration License is held 95% by Wega Mining Guinée SA, which is 95 % held by Wega Mining ASA. Wega Mining Guinée SA has the option to purchase the remaining 5%.
Location of the Koulekoun Project
The licence surface measures 196 square kilometers, South of the local centre Mandiana, and 45km North-East of Kankan.
 
Geology of the Koulekoun Project
A drill indicated resource of 150,000 ounces has been reported, based on 2.8 million tonnes of ore at 1.7g/t from a drill program performed by a local operator but supervised by Pierre Lalande. The best holes showed 12.4g/t over 22m, 5.3g/t over 7m, 25.6 g/t over 3m and 2.1g/t over 11m.
 
Exploration and drilling
4/7/2008HIGHER GOLD GRADES FROM KOULEKOUN IN GUINEA
Discoveries and Drilling Results
8/21/2008629 000 OUNCE GOLD RESOURCE DOCUMENTED AT KOULEKOUN
5/19/2008NEW PROMISING RESULTS FROM KOULEKOUN, GUINEA
Data last updated on : 4/14/2009
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.