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Mining

Mauritania: Algold announces drilling program at Tijirit property

Thursday, 07 April 2016 16:37

(Ecofin Agency) - Mining firm Algold Resources will start in a few weeks a 10,000 m drilling campaign at its newly acquired Tijirit project, in Mauritania. With this campaign, the firm will be able to complete compliant Nl 43-101 resource estimation. Captal Drilling, who is in charge of drilling at the Tasiast gold mine near Tijirit, will carry out the drilling campaign.

The company said it launched, when it acquired Tijirit project, a thorough review of available geological data including 35,000 m RC and 3,500 m core drilling.

The review, led by Algold’s geological team and SGS Geostat, enabled the conceptualization of a series of frames over Eleaner, Sophie and Lily prospects that will serve as a basis for planning the exploration program. 

Algold Resources acquired the Tijirit gold mine at the same time as the Akjoujt’s copper and Saboussiri’s gold projects, after signing last month an option agreement with Gryphon Minerals, the former owner.

Louis-Nino Kansoun





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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