Tengrela
The 876sq km Tengrela gold project is located in Ivory Coast on the border with Mali, 30km SSW from the Syama gold mine (6.5 Moz) along the Syama shear. The project lies 150km SSE of the Morila gold mine (7Moz) and 65km WNW of Tongon deposit.
Resource Potential
While Tengrela is not as advanced as the CAGP, early drill results highlight the significant potential of the project.
In 2008 the Company released results of an initial mineral (gold) resource estimate which included 379,000oz indicated resources and 591,000oz inferred resources. The resource was estimated over about 2km of the 5km strike of known mineralisation at Sissingue, one of many gold anomalies at Tengrela.
The Company is drilling along strike at Sissingue and following up other significant prospects within the Tengrela project area.
Setting
Systematic exploration on the Tengrela project, including airborne geophysics and 23,000 geochemical samples, identified a number of significant anomalies over a strike of 75km, mostly along the Syama belt.
A number of soil anomalies at Tengrela are comparable to other significant soil anomalies in the region (Syama group, Tabakoroni-Finkolo, Tioro, Morila). These anomalies cover a total area of 45sq km. Broad spaced reconnaissance drilling on nine of these anomalies has found significant gold mineralisation on six of them and plans for follow-up drilling are being developed. Wide spaced RAB drilling of selected anomalies and follow-up RC and diamond drilling on a portion of the Sissingue anomaly highlight the potential of the entire Tengrela project.
