Risk and valuation analysis of the Kofi Project |
Status Risk : Advanced discovery |
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Title(s) of the Kofi Project |
| VanEck Vectors Global Alternative Energy ETF Interest: 80% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Axmin has various ownership titles for its four permits namely Kofi North, Netekoto-Kenieti, Walia West and Walia (collectively the Kofi Project). Interest in these permits vary from 81.25%, 87.5%, 94.44% and 85.0% respectively (prior to the 10% free carried interest of the government of Mali). |
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Location of the Kofi Project |
The Kofi Project adjoins Randgold Resources Limited Loulo-Yaela on the north and east sides and covers the northern extension of the same host rock and structures that contain the Loulo and Yalea deposits
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History of the Kofi Project |
Exploration at the Kofi Project over the past several years has reached an exciting stage with an indicated resource of 45,000 ounces (415 Kt grading 3.2 g/t Au) and inferred resource of 245,000 ounces (2.03 Mt grading 3.8 g/t Au) at Kofi SW Zones B and C.
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