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Derek Bok
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Taparko Project
Taparko
Country
Burkina Faso
Close to
Taparko
Status
PRODUCTION
Latitude / Longitude
13 N 17 / 0 E 22
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Risk and valuation analysis of the Taparko Project
Status Risk : Production
Country Risk : Moderate
Resource Risk : 42.00%
In situ value
1,033,088,014 $
Title(s) of the Taparko Project
High River Gold Mines Ltd.
Owner: 90%
Title
Company Profile
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Company website
Company project page
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.
Title
Company Profile
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Company website
Company project page
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...
Location of the Taparko Project
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.
History of the Taparko Project
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...
Geology of the Taparko Project
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...
Reserves and resources of the Taparko Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Probable
643,000
4.32
89 307
Proven and Probable
643,000
4.32
89 307
Indicated
6,152,000
2.86
565 683
Mesured and Indicated
6,152,000
2.86
565 683
Inferred
1,290,000
2.30
95 391
Total
8 085 000
750 382
Definitions
Reserves and resources of the Taparko Project
Metal
Total
Reserves
Resources / Mineralized Material
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
750 382
89 307
89 307
565 683
565 683
95 391
oz
1 020 218 968 US$
Production history
Metal
2010
2009
GOLD (oz)
127,684
99,536
Exploration and drilling
1/29/2011
(High River Gold)
Announces Release of Royal Gold Security
1/21/2011
(Royal Gold)
Other Events, Taparko project
11/13/2008
(High River Gold)
Re-Starts Mill at Taparko-Bouroum and Provides Update on Str...
Discoveries and Drilling Results
1/31/2011
(High River Gold)
Reports Updated Resource and Reserve Statements
4/24/2008
(High River Gold)
Provides Taparko-Bouroum Gold Mine Update
Location
Data last updated on : 1/31/2011
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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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