| Kibali (Kilo-Moto) Project |
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Country |
Congo Dem. Rep. of
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Status |
FEASIBILITY
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Surface |
2,350 km² / 580,685 acres |
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Latitude / Longitude |
3 N 0 / 30 E 00 |
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Legends
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| Risk and valuation analysis of the Kibali (Kilo-Moto) Project |
| Status Risk : Feasibility |
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| Title(s) of the Kibali (Kilo-Moto) Project |
 | AngloGold Ashanti Ltd
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Kibali is now a 50:50 joint venture between AngloGold Ashanti and Randgold Resources |
 | Randgold Resources Ltd.
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Kibali (Kilo-Moto) Project |
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The Moto Gold Project is located in the Moto goldfields in the north east of the DRC, some 560 kms north east of the city of Kisangani and 150 kms west of the Ugandan border town of Arua. The consolidated lease covers an area of approximately 2,350 sq kms
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| History of the Kibali (Kilo-Moto) Project |
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The Moto greenstone belt has a history of gold production. Three of the deposits in the area, Gorumbwa, Agbarabo and Durba, which were exploited primarily in the 1950s and 1960s by the Belgians, have produced more than 60% of the +3 million ounces of more...
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| Geology of the Kibali (Kilo-Moto) Project |
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The Moto Gold Project covers a major portion of the Moto greenstone belt, which consists of Archaean rocks of the Lower Kibalian System. The Moto greenstone belt is bounded to the north by the Archaean West Nile Gneiss complex and to the south by the (younger) Upper Zaire granitic complex.
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| Discoveries and Drilling Results | |
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Data last updated on : 3/30/2009
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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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