| Bouroum Project |
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Country |
Burkina Faso
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Close to |
Taparko |
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Status |
MINE DEVELOPMENT
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Latitude / Longitude |
13 N 17 / 0 E 22 |
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Legends
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| Risk and valuation analysis of the Bouroum Project |
| Status Risk : Mine development |
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| Title(s) of the Bouroum Project |
 | High River Gold Mines Ltd.
Owner: 90% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| High River Gold Mines Ltd., through its Burkinabe subsidiary Société des Mines de Taparko (Somita SA), is currently constructing the first new gold mine in Burkina Faso, West Africa. In August 2004, with the granting of the exploitation permit for Taparko, High River increased its interest to 90% in the project and the Government of Burkina Faso held a 10% carried interest. |
 | Royal Gold Inc. |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Royal Gold holds two initial concurrent production payments, both equivalent to GSR royalties, and two subsequent GSR royalties at the Taparko mine.
The first GSR royalty (“TB-GSR1”) is fixed at a rate of 15.0%. The second GSR royalty (“TB-GSR2”) more... |
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| Location of the Bouroum Project |
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The Taparko-Bouroum project is located 200 km northeast of the capital of Ouagadougou, with the Bouroum satellite deposit approximately 50 kilometres northwest of Taparko.
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| History of the Bouroum Project |
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The original discovery at Taparko was made in 1980 by the Burkina Faso Government department of geology and mining (BUMIGEB). High River and an associate entered into a joint venture agreement for the Taparko property in August 1993 and were granted more...
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| Geology of the Bouroum Project |
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The Taparko-Bouroum project lies within the early Proterozoic Birimian greenstone belts of the West African Craton, which extend into Mali and Ghana hosting such multi-million ounce deposits as Obuasi (Ghana), Sadiola (Mali) and Morilla (Mali). The T more...
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| Discoveries and Drilling Results | |
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Disclaimer
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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.
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