| Risk and valuation analysis of the PERKOA Project |
| Status Risk : Mine development |
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| Title(s) of the PERKOA Project |
 | Blackthorn Resources Limited
Owner: 90% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| AIM transferred 10% interest to the Burkina Faso government in March 2007, in accordance with statutory requirements upon agreement of exploitation license. |
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| Location of the PERKOA Project |
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The Perkoa Zinc Project is located in the Sanguie Province of Burkina Faso, 120km west of the capital Ouagadougou. The project is 35km by road from the country's third largest town, Koudougou, which is linked to neighbouring states of Cote D' Voire, Ghana and Togo by tarred roads and by rail to Abidjan, capital of Cote D'Voire.
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| History of the PERKOA Project |
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Between 1979 and 1992 the deposit was the subject of three separate exploration campaigns. The concession originally covered 484 km2 but has since been reduced to approximately 320 km2, as a consequence of statutory relinquishments.
AIM acquired 100% of the project in January 2005. Snowden Mining Industry Consultants completed a Bankable Feasibility Study ('BFS') in December 2005.
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| Geology of the PERKOA Project |
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The Perkoa deposit is a classic VMS deposit hosted by the Lower Proterozoic Birimian Belt. The deposit is unusual for its high concentrations of zinc and barium mineralisation, and relatively low levels of lead and copper. The prospective Birimian rocks in Burkina Faso are the same sequences which host major gold deposits in neighbouring Ghana and Mali.
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