African Gold holds 100% of contiguous tenements highly prospective for gold at the Agboville Gold Project comprising 1400km2 in close proximity and to the to the north west of the economic capital and largest city in Cote d’Ivoire, Abidjan. The Project is located in the south east of the West African Craton in an area referred to as the South-Comoe domain, part of what is referred to as the Birimian (Paleoproterozoic rocks of West Africa). The Project is well located and is considered to have excellent prospectivity for gold. It is also considered to have potential for nickel, cobalt, copper, lithium, tantalum, niobium and beryllium.
African Gold has secured an option to earn equity in the Falémé Gold Project in western Mali. The project comprises four permits for 111km2 and is located just to the east of the Senegal Mali Shear Zone and approximately midway between Barricks’ Loulou-Gounkoto Mine Complex (14 Moz gold) and IAMGold/AngoGold Ashantis Sadiola Mine (13 Moz gold). The Falémé Project encompasses a major geological splay associated with a major flexure on the SMSZ with extensive alluvial and hard-rock artisanal gold workings scattered over 28km of strike potential. The projects are underexplored and highly prospective for gold mineralization and are proximate and complementary to African Gold’s Cote d’Ivoire assets.