Nabanga Project

Located 250 kilometers south-east of Ouagadougou, the Nabanga gold project lies within Orbis’ previously 100%-owned Nabanga exploration permit. In June 2015, Snowden Mining Industry Consultants prepared a NI 43-101 compliant report for Nabanga.

Table 1: Nabanga Mineral Resource as at June 2015

Classification Oxidation state Tonnes Mt Au g/t Ounces Koz
Inferred Resources Oxide 0.08 8.9 20

Fresh 1.76 10.1 570
Inferred total 1.84 10.0 590

 

Nabanga drilling long section (looking northwest)

SEMAFO's comprehensive technical report has been filed on www.sedar.com or can be accessed here.

2016 Exploration on Nabanga (Yactibo Permit Group)

A budget of $1 million has been earmarked for the Yactibo Permit Group that hosts the Nabanga Project. In 2017, exploration activities will focus on investigating parallel structures in the Nabanga intrusive. The program, which includes 5,000 meters of auger and 7,000 meters of RC drilling, is primarily directed towards the Nabanga area.

Figure 1 - 7,000-meter RC Drill Program on Nabanga Proximal