| Risk and valuation analysis of the Bakoudou - Magnima Project |
| Status Risk : Advanced discovery |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the Bakoudou - Magnima Project |
 | Searchgold Resources Inc
Interest: 90% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
|
 | Managem
Joint venture: 54% |
| | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| Managem has now acquired a 54% in the project. Once the bankable feasibility study is finalized, Managem will have acquired an additional 9% to hold a 63% interest in the project. A remaining carried 10% interest is held in the project by a local partner. |
|
|
|
| Location of the Bakoudou - Magnima Project |
|
Bakoudou-Magnima is located in south-eastern Gabon, near the border with Congo-Brazzaville and sits approximately 55 km southwest of the Country's second largest city, Franceville. The area is accessible by a main road and a well developed network of forestry roads insures easy access to virtually all parts of the property.
|
| |
| History of the Bakoudou - Magnima Project |
|
Work has been carried out in the Bakoudou area since the early eighties by essentially two parties; the French (Mostly Comilog and BRGM for regional studies) and Golden Gram Gabon / SearchGold. When SearchGold reactivated the Project in 2003 sufficient geological and metallurgical information was available to initiate a scoping study.
|
| |
| Geology of the Bakoudou - Magnima Project |
|
|
The Bakoudou deposit is a classic vein-type deposit hosted in the Achaean Chaillu massif which is dated at 2 650 Ma. The principal rock type at the level of the Bakoudou Permit consists in tonalitic gneiss.
The major lithological characteristic of more...
|
| |
|
|
