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The geology underlying the Djimbala Project forms part of the Yanfollila Greenstone Belt. It consists of felsic to mafic volcanic rocks, sedimentary rocks deformed along fundamental deep seated faults, essential elements to form gold deposits in Mali. The weathering profile is reported to be between 80 and 100m deep which provides great potential for low cost open pit mining. The permit lies within a gold area where a number of projects are currently being developed. These projects include:

  • Komana where the current gold resource declared by Gold Fields is 750,000 ounces of gold at a grade of 2.5g/t. This project is immediately to the northwest of the Djimbala Project.
  • The Kordiera (2.52Moz Au resource) and Kalana (1.14 Moz Au resource) gold mines some 50 km south of Djimbala.

Prospects in the immediate vicinity of the permit include:

  • Kabaya South, Gonka and Sanioumale West. Initial drilling by Gold Fields discovered high grade gold mineralization in the oxide zone on these projects. Drill results on Saniomale West (north of Komana) include 15m @ 10.1 g/t from 13m and 26m @ 3.87g/t from 24m.
  • Solana, where an 8km by 3km gold in soil anomaly was outlined. This structure continues into the Djimbala permit.
  • Faliko and Fougan where Gold Fields reported "encouraging results

img mali03

Map showing the outline of the Djimbala Permit, locality of the Komana East gold deposit, prospects in the immediate vicinity and preliminary exploration targets