| Risk and valuation analysis of the Gueguere Project |
| Status Risk : Early discovery |
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| Title(s) of the Gueguere Project |
 | Searchgold Resources Inc
Option on interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Following SearchGold's acquisition of a 100% interest, Somika will retain a 2% Net Smelter Return (the "NSR"). SearchGold will have the right to purchase up to half of the NSR held by Somika (or 1%) for $US500,000 per 0.5% NSR bracket, or for a total more... |
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| Location of the Gueguere Project |
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The Gueguere property is located 180 km west of Ouagadougou, Burkina Faso's capital, in the Boromo birimian greenstone belt between the past producing Poura mine and Orezone Resources' Bondi project.
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| History of the Gueguere Project |
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The Poura past producing mine is located approximately 35 km north-east of Gueguere and produced over 800,000 ounces of gold before its closure in 1999.
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