Edikan Gold Mine

(Formerly Central Ashanti Gold Project, Ayanfuri)

Perseus has 650km² of tenements centred on the Ashanti Gold Belt some 25km-65km from the 60-million-ounce Obuasi gold deposit, including two mining leases that are the focus of initial production for the Edikan Gold Mine (EGM).

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

 

Reserves and Resources

Since acquiring the tenure in mid-2006, we have increased gold resources from less than 1Moz to 5.7Moz of Measured and Indicated resources, 2.4Moz of Inferred resources and 2.9Moz of Reserves.

The Bokitsi deposit is a new addition to the resource inventory.  Indicated resources at Bokitsi total 2.6Mt at 2.5g/t Au containing 212,000 ounces of gold and Inferred resources are 1.6Mt at 1.7g/t Au containing 89,000 ounces of gold. 

Measured and Indicated gold resources at Esuajah North deposit increased in March 2012 by 341,000oz to 920,000oz . In August 2012, we announced a further increase to resources at Edikan of 164,800oz. 

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