Gold mining project in west africa
Mauritania host the current 21 million ounce Tasiast Gold Mine, and the Guelb Moghrein deposit for Copper/Gold, has a supportive government and regulations and a well administered Mining Act. In addition, rich in resources. Mauritania experienced limited exploration, with little activity occurring, which increases the importance of exploration and mining opportunities in it.
Project highlights:
500 square km licence area
Licence granted for: Gold, Copper and Base Metals.
Exploration licence valid for 3 years, and can then be renewed twice, each time for a further 3 years.
Based on the feasibility study, the Exploration licence can transfer to mining licence.
Mining licence valid for 30 years can renew for 10 years several times.
Excellent access, infrastructure and security in the area
Underlain by favourable rock formations
Significant exploration potential for additional resources
Located 100 km away from Sadiola Gold Mine( Mali) : 14Moz
Adjacent to the Senegal-Mali Shear, a fundamental structure controlling gold mineralization. Deposits on Senegal-Mali Shear include: Loulo 11.5Moz , Sadiola 14Moz , Yatela 3.5Moz
Mauritania: politic and economic stability
Supportive government and established mining codes
Strong local support and involvement in the project.
exploration and Mining company in Mauritania , West Africa