For thousands of other reports visit RSC's Mineral Intellingence Map
Perseus Mining Ltd.
Summary
| Project: | Sissingue | |
|---|---|---|
| Deposit: | Sissingue | |
| Location: | Côte D'Ivoire | |
| Commodities: | Gold | |
| Date: | 8/15/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 15-8-2018: Perseus Mining Ltd. announces an Exploration/Drilling Update report for its Sissingue deposit at the Sissingue project. Amended previous report to include additional figure. Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Douglas Jones (Internal) | |
| ABSTRACT: | Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on its recent exploration activities at its Sissingué and Yaouré properties, both located in Côte d’Ivoire. Sissingué, Perseus’s second gold mining operation, started commercial production on 1 April 2018 and the Company is now aiming to extend the currently estimated five-year life of the mine by identifying additional Mineral Resources that can be processed at Sissingué. Recent exploration drilling has identified open ended gold mineralisation extending over 200m of strike length at the Zanikan prospect, south of Sissingué, and over 300m of strike length at the Fimbiasso South prospect on the near-by Mahalé exploration licence. Both prospects are located within trucking distance of the recently commissioned Sissingué processing facility. Yaouré is a development stage project and will become Perseus’s third gold mine when developed. A positive Definitive Feasibility Study (“DFS”) was completed in October 2017 and subject to financing and full permitting, mine development is expected to start early in 2019. Perseus has completed the drilling of targets identified during the Yaouré DFS as having potential to increase Mineral Resources, Ore Reserves and the currently estimated eight and a half year mine life for the project. Publication of an updated Mineral Resource estimate is now expected in early October 2018, subject to the receipt of all outstanding assay results. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report