Gueguere Project
Country Burkina Faso 
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Last updated on 5/20/2010 - Terms of Use
Risk and valuation analysis of the Gueguere Project
Status Risk : Early discovery
Country Risk : Moderate
Title(s) of the Gueguere Project
Searchgold Resources Inc
Option on interest: 100%
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Following SearchGold's acquisition of a 100% interest, Somika will retain a 2% Net Smelter Return (the "NSR"). SearchGold will have the right to purchase up to half of the NSR held by Somika (or 1%) for $US500,000 per 0.5% NSR bracket, or for a total more...
Location of the Gueguere Project
The Gueguere property is located 180 km west of Ouagadougou, Burkina Faso's capital, in the Boromo birimian greenstone belt between the past producing Poura mine and Orezone Resources' Bondi project.
History of the Gueguere Project
The Poura past producing mine is located approximately 35 km north-east of Gueguere and produced over 800,000 ounces of gold before its closure in 1999.
Data last updated on : 5/20/2009
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