Modern Mining September 2023

WEST AFRICAN PROJECTS

as of 2021, around 324 tons of gold were pro duced in West Africa. Although the leading gold producer in West Africa is currently Ghana, with a gold production totalling 117.6 tons in 2021, Mali also remains a significant producer of gold, producing 63.4 tons in 2021. Accounting for 80% of the country’s total exports in 2021, gold represents Mali’s most important export, accounting for nearly 10% of its GDP. Gold mining remains a leading contributor to employment in the region, with several countries in West Africa benefitting significantly from the revenue generated by gold mining. “With the large number of mid-tier and gold majors operating in West Africa, there has been a large focus on elements such as ESG and education and training of local community members. When you have large mines, which are owned by major busi nesses, there is a significant benefit in terms of the impact on education. As an emerging miner and an imminent gold producer, Cora Gold is certainly ben efitting from being established in an area consisting of highly trained people which means that we have at our disposal a well-educated workforce. Coupled with that is the well-established infrastructure such as roads networks,” concludes Monro. 

of the Sanankoro project we plan on undertaking more exploration work on the tenement. In fact, we recently hired a new head of geology and one of his key functions is to review Kenieba’s historical data and identify areas of opportunity.” A permit in the Kenieba Project Area (covering 260 km²) is Madina Foulbé (east Senegal). The mid term renewal of the Madina Foulbé Permit has been ongoing with only limited work having been carried out on the permit during 2022. Results from RC drill ing at Madina Foulbé in 2020 included 47 metres at 0.63 g/t Au (including 1 metre at 16.4 g/t Au) and 36 metres at 0.53 g/t Au (including 3 metres at 3.78 g/t Au), supporting results from previous shal low rotary air blast drilling where grades of up to 41.2 g/t Au were noted. West Africa West Africa is a prolific gold producing region. In fact,

A view of the camp site.

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22  MODERN MINING  September 2023