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Essakane Project
Essakane
Country Burkina Faso 
Close to Ouagadougou
Status MINE DEVELOPMENT 
Surface 1,069 km² / 264,150 acres Number of claims 6
Latitude / Longitude 14 N 23 / 00 E 05
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Risk and valuation analysis of the Essakane Project
Status Risk : Mine development
Country Risk : Moderate
Resource Risk : 80.00%
In situ value
5,793,144,797 $
Title(s) of the Essakane Project
IAMGOLD Corporation
Interest: 90%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the Essakane Project
The Essakane Project is located in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 km northeast of the capital, Ouagadougou. It is situated 42 km east of the nearest large town and the provincial capital of Oudalan, Gorom-Gorom.
 
History of the Essakane Project
1985 Discovery of Essakane by “orpailleurs” (artisanal miners)
1992 BUMIGEB constructed heap leach plant
1993 CEMOB / BHP Minerals exploration
1996 CIMC secured title
2000 Bankruptcy of CEMOBmore...
 
Geology of the Essakane Project
The Essakane Project occurs in the Palaeoproterozoic Gorouol Greenstone Belt in northern Burkina Faso. The local stratigraphy can be subdivided into a Birimian succession of lower-greenschist facies flysch metasediments (metargillites, arenites and v more...
 
Reserves and resources of the Essakane Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Probable92,911,0001.40 4 182 021
 Proven and Probable92,911,0001.40 4 182 021
 Total 92 911 000 4 182 021
Definitions
Reserves and resources of the Essakane Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 4 182 021 4 182 021 4 182 021 oz5 797 117 717 US$
Production history
Metal2010
GOLD (oz)122,000
Production Objectives
Metal2013201420152016201720182019
GOLD (oz)330,000330,000330,000330,000330,000330,000330,000
Location
Data last updated on : 12/31/2009
Disclaimer
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