GOLD exploration

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gOLD eXPLORATION

We have 13 mining permits in 4 countries through West Africa, Our current production at our Mandiana site averages circa 1,000 Oz. per month and is anticipated to increase to 5,000 Oz. per month by the start of Q4 2020. 

Gold Exploration Center

Our mining division is fully self contained. We operate an around the clock mining and drilling programme with an in house team of geologists. Our goal is to build a West African mining company compromising of consolidated mining permits and elocution rights across the African continent.

GOLD EXPLORATION

PROJECTS & oPERATIONS

GUINEA CONARKY​

Mandiana Gold Project (Exploration & Production)

MALI

Gold Exploration in 2020

Democratic republic of congo

Gold Exploration in 2020

MAURITANIA​

Gold Exploration

NIGER​

Gold Exploration Project

IVORY COAST​

Gold Exploration Project

MINING OPERATIONS

IN NUMBERS

1 K
Oz. PROVEN GOLD RESERVES
1 MN
Oz. INFERRED GOLD RESERVES
1
USD/Oz. GOLD EXTRACTION COST
1
MEMBERS OF OUR MINING TEAM
1
Oz. GOLD/MONTH CURRENT PRODUCTION

GUINEA 

CONAKRY

The potential reserves in Guinea Conakry are estimated at 700 tons. Several companies operate industrially in Guinea to produce gold.

Guinea Conarky

Guinea’s mineral sector accounted for more than 25% of the country’s gross domestic product and about 95% of export earnings in 2011 (USGS 2011 - Guinea).

Guinea was ranked 5th among the world’s leading producers of bauxite, with resources, estimated at 7.4Bt comprising about 26% of the world's total, making it the world's richest bauxite holding country.

Guinea is also ranked 12th among the world’s leading producers of rough diamond by volume and 13th among the world’s leading producers of rough diamond by value.

Guinea holds two-thirds of the world’s largest reserves of bauxite and is the second largest producer of bauxite after Australia.

Guinea's other major exports include aluminium and gold. The country’s undeveloped mineral resources include graphite, iron ore, limestone, manganese, nickel, and uranium (EITI 2012 Report).

Guinea was designated a full EITI compliant member on 2nd July, 2014. The concurrent impacts of a global bear gold market and the outbreak of the Ebola epidemic 26th December, 2013, halted the gold exploration scene in Guinea for all of 2014 and 2015. Guinea was cleared officially by the WHO on 27th March, 2016.

We have been on the ground in the Siguiri Basin since December 2015 actively reviewing gold permits and building our project portfolio. 

Our exploration and resource development team is spearheaded by Mr. Norman Bailie and Dr. Colin Porter. 

Mr. Bailie is Group Exploration Manager of Centamin Plc since January 2017. Mr. Bailie joined Centamin Plc in January 2017. He has over 25 years’ industry experience in providing exploration and resource consultancy to all levels of exploration and mining companies in West, East and Central Africa and South America. 

He is an accredited Chartered Professional Geologist and Manager through the Geol Soc UK and AusIMM, and a fellow of IOM3 UK and SEG USA as well as a competent person under JORC/ 43-101 criteria.

Both are accredited Chartered Professional Geologists through the AusIMM and qualified to report to the international stock exchanges as Competent Persons under 43-101 and JORC codes.

Inside Phoenix
Precious Metals

Mandiana Guinea
Gold Mine

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