Edikan Gold Mine

(Formerly Central Ashanti Gold Project, Ayanfuri)

Perseus has 480km² of tenements centred on the Ashanti Gold Belt some 25km-65km from the 60-million-ounce Obuasi gold deposit. 

First gold was produced at EGM on 21 August 2011, and Perseus achieved commercial production on 1 January 2012.

Perseus has been mining and producing approximately 200,000 ounces of gold per year from the Abnabna and Fobinso open pits on the western side of its mining lease since operations commenced at Edikan. In May 2015, it received approval to extend its mining operations to the Fetish, Bokitsi, Chirawewa (collectively referred to as the “Eastern Pits”) and Esuajah North gold deposits.

Reserves and Resources

Since acquiring the tenure in mid-2006, we have increased the exisiting gold resources of 1Moz considerably. We now have 5.25Moz of Measured and Indicated resources, 2.17Moz of Inferred resources and 2.35Moz of Reserves.

The Ore Reserves include material from seven open pits including Abnabna, Fobinso, Fetish, Chirawewa, Bokitsi, and Esuajah North and South.

Exploration

Recent exploration by Perseus across the EGM and adjoining licence areas has included infill drilling at Bokitsi South, reverse circulation (RC) drilling at the Pokukrom prospect and soil sampling at Agyakusu targeting the north-eastern strike extension of the Abnabna-Fobinso dike. This revealed an encouraging soil anomaly close to EGM which will be followed up in 2015.

 

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