| Risk and valuation analysis of the Chirano Project |
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| Title(s) of the Chirano Project |
 | Kinross Gold Corporation
Interest: 90% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The Chirano Mining licence (36.34km2) issued on the 8th April 2004 for a period of 15 years and the Chirano and Ahwiam Prospecting licences (54km2 and 65km2 respectively) are owned 100% by Chirano Gold Mines Limited. Chirano Gold Mines Limited is 90% owned by Red Back Mining Inc. The remaining 10% interest in Chirano Gold Mines Limited is held by the Government of Ghana. |
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| Location of the Chirano Project |
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The Chirano Mine is situated in southwestern Ghana, 100 kilometres southwest of Kumasi, which is Ghana's second largest city. The township of Bibiani, the site of an existing large gold mine, lies 15 kilometres north-northeast of the project area (37 kilometres by road).
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| History of the Chirano Project |
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The Chirano Gold Mine achieved its first gold pour in October, 2005 after commissioning of the process facilities in September, 2005.
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| Geology of the Chirano Project |
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It occurs along the margin of the Sefwi Belt adjacent to the Kumasi Basin to the east. Both the Sefwi Belt and the Kumasi Basin comprise rocks of Birimian age, with the belt dominated by mafic volcanics and the basin typified by fine grained, deep water sediments. Both are intruded by granites.
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