The Senegal-Mali Structural Corridor (SMSC) hosts the bulk of the country’s gold, copper, iron and diamond occurrences. In 2003 the Environment Minister stated that, in an effort to preserve Senegal’s shrinking forests, there will be no new permits in designated forest conservation areas, and future exploration or mining permits anywhere in the country will be based on social and environmental impact studies.

Randgold Resources has been conducting an exploration programme on the SMSC at its Kounemba, Kanoumering and Tomboronkoto permits, which total 1,200 km sq for the past four years. Randgold has defined several targets, including five significant gold intersections with multiple gold-in-soil anomalies.

Iamgold is currently evaluating prospects on the Bambadji and Daorala-Boto permits, where the search for both typical Birimian greenstone gold and Olympic Dam-type deposits continues. The 2003 exploration budget was US$1.1 million.

The Makana target in the Kounemba permit comprises a gold-in-soil anomaly extending 4 km along structure from the Sabodala Mine, near-surface bedrock samples yield at he target yield up to 3.9 g/t Au. Makana runs south into two further key targets in the Kanoumering permit.

Axmin has a 100% interest from former partner Avgold in the active Sonkounkou and Sabodala-NW permits located close to the Mali border in the SMSC. Drill targets at Sonkounkou have been identified from infill soil sampling and mapping, supplemented by limited float sampling. At the Sabodala-NW permit, a zone of quartz stockworks exceeding 12 m width has been identified within a zone of abandoned artisanal workings occurring over a 120 m strike length.

Organisations (3)
La Source, Randgold Resources (Senegal) Ltd, Societé Miniere de Sabodala :[ Add More ]

Facilities (5)
Faleme, Matam, Sabodala, Taiba, Thies

Shaun Bakamoso

Greetings. I'm Shaun Bakamoso, and I'm thrilled to be your guide through the dynamic world of business news in South Africa here at mbendi.co.za. With a passion for staying informed and a keen interest in the ever-evolving landscape of business, I've dedicated myself to providing you with timely, insightful, and comprehensive coverage of the latest developments impacting the South African economy. bakamoso@gmail.com / Instagram