SRK Consulting prepared the technical report for the gold project.
Contractors involvedĪ subsidiary of African Underground Mining Services (AUMS) was awarded the contract for conducting underground mining services at Yaramoko for a period of four years in September 2014. The other infrastructure facilities include a mine service area consisting offices, workshops, a warehouse, a tailings storage facility, a water storage facility, sediment control structures, mine access, haulage roads and an accommodation camp. Diesel generators provided power supply for the gold mine before the connection was established. Power for the mine site is supplied from the Burkina Faso electricity grid through a connection with the existing 90kV power line from the Pa substation to the Mana mine site. Infrastructure facilities at Burkina Faso’s gold project Societe Generale Corporate and Investment Banking (Societe Generale) and Credit Suisse provided $75m of senior debt facility for the development of the Yaramoko gold project. “The 55 zone is expected to produce 99,500oz of gold per annum over an estimated mine life of seven years.” The ore is processed using gravity concentration, leaching and adsorption, tailings thickening, electro-winning and smelting to produce gold. The processing plant is designed for a throughput capacity of 273,750tpa. It undergoes primary crushing before being transferred to a single stage semi-autogenous grinding (SAG) mill circuit by feeders. The run-of-mine (ROM) ore from the underground mine is delivered to the surface by load-haul-trucks. The underground mine is accessed by two ramps and a single portal located in fresh rock at the bottom of a planned 23m-deep box cut. A mining contractor has been appointed for the first four years of underground mining, after which Roxgold will carry out the mining on its own. Long-hole open stope mining, along with a limited use of the cut-and-fill method, is being applied at the underground gold mine in Burkina Faso. Mining and processing of ore at the Yaramoko project Gold mineralisation is predominantly found in dilatational segments of the reverse dextral shear zone and takes the shape of coarse-free grains in quartz.Īs of April 2016, Yaramoko’s Q1 deposit was estimated to contain inferred resources of 563,000t of ore containing 220,000oz of gold, grading 12.14g/t Au. The 55 zone, the target region for the feasibility study, is located within a narrow east-north-east trending shear zone extending downward and hosting thick, extensional quartz veins. The eastern side comprises Diébougou granitoid domain containing granitic rock with minor volcanic rocks. The project area is divided by north-north-east trending Boni shear zone with the predominant Houndé volcanic and volcaniclastic rocks lying on the western portion of the mine. The Yaramoko mining property, located near Bagassi, lies within the north-east portion of the gold-rich Hounde Greenstone Belt in south-west Burkina Faso. The production at Yaramoko gold project began in May 2016. The 55 zone is expected to annually produce 99,500oz of gold over an estimated mine life of seven years. Underground development at the zone started in April 2015. Roxgold received the signed mining convention from the Burkina Faso Ministry of Mines, for the Yaramoko gold project in August 2015. The feasibility study for the gold project, completed in April 2014, proposed an underground mine at Yaramoko’s 55 zone, a high-grade discovery within the permit area. The high-grade gold deposit, located on a 196km² permit area, is 100% owned by Canadian mining company Roxgold, through its subsidiary Roxgold Burkina Faso SARL. The Yaramoko gold mine is located 200km south-west of Ouagadougou in Burkina Faso, West Africa.