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Perseus Mining Ltd.

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Summary

Project:

Mahale

Deposit:Fimbiasso West
Location:Côte D'Ivoire
Commodities:Gold
Date:4/28/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-4-2020: Perseus Mining Ltd. announces an Exploration/Drilling Update report for its Fimbiasso West deposit at the Mahale project. Drilling results incl. 24m @ 4.22g/t Au from 42m. During the quarter, the coronavirus (COVID-19) pandemic has presented a
Resources:x
CP/QP:[Overall Report]: Douglas Jones (Internal)
ABSTRACT:During the quarter, the coronavirus (COVID-19) pandemic has presented a series of challenges to operational continuity at Perseus’s West African operations. Notwithstanding this, the Company has been well placed to weather the crisis with seasoned management teams at each of our West African sites and in Perth, who have successfully managed several crises in West Africa in recent years, including the Ebola outbreak during 2014-2016. The Ebola outbreak has provided Perseus with tested crisis management capabilities and systems that are material in guiding the Company. Supply chains for each of Perseus’s operating sites remain open in both Ghana and Côte d’Ivoire although movement of both local and foreign employees is currently impacted by government-imposed travel restrictions. Work rosters have been materially extended to accommodate travel restrictions. The Company has implemented a series of protocols at each of its operating sites aimed at eliminating the possibility of infection of its employees. In each of the communities in which the Company operates, Perseus has, for many years, actively implemented social programmes for the benefit of host communities. This work continued during the quarter with an emphasis on initiatives designed to help combat the spread of infection.

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