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Bonikro Project
Bonikro
Country Ivory Coast 
Status PRODUCTION 
Legends
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Produces Gold -
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Risk and valuation analysis of the Bonikro Project
Status Risk : Production
Resource Risk : 20.00%
In situ value
69,776,728 $
Title(s) of the Bonikro Project
Newcrest Mining Ltd
Interest: 85%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
LGL holds 85% of the shares in Equigold Mines CI SA which in turn holds a 100% interest in the Bonikro gold project. The government of Ivory Coast holds a 10% interest in Equigold Mines CI SA, with the remaining 5% held by minority shareholders.
Location of the Bonikro Project
The property is located approximately 240 kilometres north-west of the nation’s commercial capital Abidjan
 
History of the Bonikro Project
LGL acquired the Bonikro gold project in June 2008, through a merger with Equigold NL. Equigold had secured the Oumé project area in 1996. Gold mineralisation at Bonikro was discovered shortly after following geochemical soil sampling over the Oumé a more...
 
Geology of the Bonikro Project
The Bonikro deposit is hosted primarily within a small granodiroite intrusion. Mineralisation extends into surrounding basalts to the south, and is controlled along a moderately dipping shear zone. Gold occurs associated with quartz and pyrite, wit more...
 
Reserves and resources of the Bonikro Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Inferred512,0003.06 50 371
 Total 512 000 50 371
Definitions
Reserves and resources of the Bonikro Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 50 371 50 371oz 69 814 506 US$
Production history
Metal2008
GOLD (oz)140,000
Production Objectives
Metal2013201420152016
GOLD (oz)120,000120,000120,000120,000
Discoveries and Drilling Results
4/26/2010Lihir Gold 2010 production target now over 1 million ounces
Data last updated on : 12/1/3108
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources