| Risk and valuation analysis of the Essakane Project |
| Status Risk : Mine development |
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| Location of the Essakane Project |
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The Essakane Project is located in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 km northeast of the capital, Ouagadougou. It is situated 42 km east of the nearest large town and the provincial capital of Oudalan, Gorom-Gorom.
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| History of the Essakane Project |
1985 Discovery of Essakane by “orpailleurs” (artisanal miners)
1992 BUMIGEB constructed heap leach plant
1993 CEMOB / BHP Minerals exploration
1996 CIMC secured title
2000 Bankruptcy of CEMOBmore...
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| Geology of the Essakane Project |
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The Essakane Project occurs in the Palaeoproterozoic Gorouol Greenstone Belt in northern Burkina Faso. The local stratigraphy can be subdivided into a Birimian succession of lower-greenschist facies flysch metasediments (metargillites, arenites and v more...
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