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Transaction Announcement Reports
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Project: | Prestea Mine | |
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Deposit: | Prestea Mine | |
Location: | Ghana | |
Commodities: | Gold | |
Date: | 3/27/2018 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Mine Development | |
Report details: | 27-3-2018: Golden Star Resources Ltd. announces a Resource Estimation report for its Prestea Mine deposit at the Prestea Mine project. End-of year resource and reserve update and economic viability of project. The Bogoso/Prestea Gold Mine is located in we | |
Resources: | (Reserve, P+P): 1.92Mt @ 8.06g/t Au at Prestea | |
CP/QP: | [Resources]: S. Mitchel Wasel (Internal) | |
ABSTRACT: | The Bogoso/Prestea Gold Mine is located in western Ghana approximately 200 kilometres by road from the capital Accra. The Golden Star Bogoso/Prestea Ltd (GSBPL) company owns the rights to mine both the Bogoso and Prestea concessions. Golden Star Resources Ltd. (GSR), a Canadian federally-incorporated, international gold mining and exploration company producing gold in Ghana, owns a 90% interest in GSBPL. Future production from the mine will be sourced primarily from the Prestea Underground Mine which is part of GSBPL. This technical report summarizes the technical information that is relevant to support the disclosure of a Mineral Reserve Statement for mine pursuant to Canadian Securities Administrators’ National Instrument 43-101. It presents the assumptions and designs at a level of accuracy that is required to demonstrate the economic viability of the mineral resources. | |
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