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Kalsaka Project
Kalsaka
Country
Burkina Faso
Close to
Yako
Status
PRODUCTION
Surface
25 km² / 6,178 acres
Latitude / Longitude
13 N 09 / 1 W 55
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Risk and valuation analysis of the Kalsaka Project
Status Risk : Production
Country Risk : Moderate
Resource Risk : 60.00%
In situ value
12,425,773 $
Title(s) of the Kalsaka Project
Cluff Gold
Option: 78%
Title
Company Profile
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Cluff Gold has a 78% ownership in the Kalsaka Gold Project, the remaining interest being held by the Company's local partner, IMAR-B (12%) and the Government of Burkina Faso (10% free-carried interest). Cluff Mining (West Africa) Limited is the oper
more...
Location of the Kalsaka Project
The project is located approximately 150km north west of Ouagadougou, the capital of Burkina Faso, near the town of Yako.
History of the Kalsaka Project
The first Gold Pour occurred in November 2008.
Reserves and resources of the Kalsaka Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Measured
155,000
1.80
8 970
Mesured and Indicated
155,000
1.80
8 970
Total
155 000
8 970
Definitions
Reserves and resources of the Kalsaka Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
8 970
8 970
8 970
oz
12 476 454 US$
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
2019
GOLD (oz)
60,000
60,000
60,000
60,000
60,000
60,000
60,000
Exploration and drilling
7/21/2009
Commissioning of the Kalsaka Gold Mine in Burkina Faso
Discoveries and Drilling Results
11/4/2008
Cluff Gold brings second mine into production
Location
Data last updated on : 12/31/2009
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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