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Bonikro Project
Bonikro
Country
Ivory Coast
Status
PRODUCTION
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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%
Title
Company Profile
All Projects
Company website
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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
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Inferred
512,000
3.06
50 371
Total
512 000
50 371
Definitions
Reserves and resources of the Bonikro Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
50 371
50 371
oz
69 814 506 US$
Production history
Metal
2008
GOLD (oz)
140,000
Production Objectives
Metal
2013
2014
2015
2016
GOLD (oz)
120,000
120,000
120,000
120,000
Discoveries and Drilling Results
4/26/2010
Lihir 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
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