Welcome to African Gold Limited
Côte d’Ivoire
African Gold holds 100% of 1400km2 of highly prospective AgbovilleGold Project through its wholly owned subsidiary Golden Ivoire SARL. The project areais located less than 100km north west of the economic capital and largest city in Cote d’Ivoire, Abidjan. The Project is located in the south east of the WestAfrican Craton in an area referred to as the South-Comoedomain, part of what is referred to as the Birimian(Paleoproterozoic rocks of West Africa). The Project is considered to have excellent prospectivityfor gold, but is also considered to have potential for nickel, cobalt, copper, lithium, tantalum, niobium and beryllium.
Mali
on the 4thJuly 2019 African Gold announced it had entered into four option agreements to acquire gold projects located in the highly prospective and prolific gold producing Kedougou-KeniebaInlier in western Mali known as the FaléméGold Project. The permits are located close to the prolific Senegal Mali Shear Zone (SMSZ) between the AngloGold Ashanti / IAMGoldSadiolaMine (15 Moz) and Barrick’s Loulo-GounkotoMine Complex (14 Moz). The FaléméProject 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.
Mali
On the 4th July 2019 African Gold announced it had entered into four option agreements to acquire gold projects located in the highly prospective and prolific gold producing Kedougou-KeniebaInlier in western Mali known as the FaléméGold Project. The permits are located close to the prolific Senegal Mali Shear Zone (SMSZ) between the AngloGold Ashanti / IAMGoldSadiolaMine (15 Moz) and Barrick’s Loulo-GounkotoMine Complex (14 Moz). The FaléméProject 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.
African Gold announced on the 5th September 2019 that it had entered into a conditional purchase agreement to acquire 100% of AbraResources Pty Ltd. Four of the five permits live within the Kedougpu-KeniebaInlier and one is located in south-east Mali along strike from Resolute’sSyamaMine (8Moz). The permits area well located with respect to known mineralized corridors such as the SMSZ and The SyamaShear and containing a number of high quality conceptual geological, geochemical, geophysical, historic drill intercepts and artisanal workings that have yet to be tested.
