Natougou Project

At Natougou, the 2017 budget of $15 million includes a provision of $8.5 million for an infill drill program designed to convert current inferred resources on the West Flank Sector into the indicated category and $1.3 million, which has been earmarked for completing studies in order to evaluate a potential underground operation. The remainder of the Natougou program involves exploration drilling on both proximal and contiguous permits to the Natougou deposit.  

Boungou Shear Zone and West Flank Sector

Through the 2016 drill program, we brought the West Flank Sector, which is located immediately to the southwest of the open-pit deposit, into the inferred resources category, and now plan:

  • To drill up the West Flank Sector in the first half of 2017 in order to convert the inferred resources into the indicated category
  • To evaluate the potential for an underground operation

 

Exploration Potential

Figure 1 gives the A-A' section of the West Flank Zone that crosses the Boungou Shear Zone in a south-west to north-east direction.

Figure 1 - West Flank Boungou Shear Zone A-A' Section

Figure 2 displays the B-B' section of the West Flank Zone that crosses the Boungou Shear Zone in a north-west to south-east direction.

Figure 2 - West Flank Boungou Shear Zone B-B' Section