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The first casualty when war comes is truth
Hiram Johnson
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Syama Project
Syama
Country
Mali
Status
PRODUCTION
Latitude / Longitude
12 N 00 / 6 W 27
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Risk and valuation analysis of the Syama Project
Status Risk : Production
Country Risk : Important
Resource Risk : 100.00%
In situ value
1,483,040,555 $
Title(s) of the Syama Project
Resolute Mining Limited
: 80%
Title
Company Profile
All Projects
Company website
Company project page
Resolute has an 80% interest in the project through its Malian subsidiary, Societe des Mines de Syama S.A. (SOMISY). The Malian Government holds a free carried 20% interest in SOMISY.
Location of the Syama Project
The Syama Gold Project is located in the south of Mali, West Africa approximately 30kms from the Côte d’Ivoire border and 300km south-east of the capital Bamako.
History of the Syama Project
Resolute acquired the project in April 2004 based on the positive conclusions of a pre-feasibility study, and completed a Feasibility Study in April 2005. This study shows positive returns based on a modified flow sheet that processes a sulphide conc
more...
Reserves and resources of the Syama Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Proven
10,406,000
3.20
1 070 594
Proven and Probable
10,406,000
3.20
1 070 594
Total
10 406 000
1 070 594
Definitions
Reserves and resources of the Syama Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
1 070 594
1 070 594
1 070 594
oz
1 484 057 619 US$
Production history
Metal
2009
GOLD (oz)
24,761
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
GOLD (oz)
180,000
250,000
250,000
250,000
250,000
250,000
250,000
250,000
250,000
250,000
Exploration and drilling
4/22/2009
New Mali gold mine to start commercial production in July
7/2/2008
SYAMA UPDATE
Location
Data last updated on : 6/30/2009
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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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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