Project overview
About this development
The Wahgnion Gold Project area contains five exploration licences, covering a total 1 150km² and encapsulates the entire 'Loumana' Birimian greenstone belt within Burkina Faso in Western Africa. The project has an ore reserve estimate of 17.4 million tonnes at 1.5g/t for 826 000 oz of contained gold. The completed feasibility study has demonstrated robust project economics for a conventional two-million-tonne-a-year heap-leach start-up operation. The project will be mined by a mining contractors using conventional openpit methods. Capital costs are estimated at $96.8 million, including contingencies and project working capital. Formerly known as the Banfora gold project.
Project at a glance
Wahgnion Gold Project, Burkina Faso is located in Burkina Faso. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.