Projects

 

 

Perseus Mining is a West African gold producer, developer and explorer with our three most advanced projects at different stages.

Perseus' lead project is the Edikan Gold Mine (EGM), formerly known as the Central Ashanti Gold Project (CAGP), in Ghana. 
EGM comprises a group of large gold deposits located in the Ashanti gold belt. We started gold production at EGM in August 2011 and entered commercial production on 1 January 2012. 

Reserves at EGM as at 31 December 2016 stand at 2.078Moz gold with additional Measured and Indicated resources totalling 5.011Moz gold and an Inferred resource of 899,000oz gold.

Perseus has commenced exploration at a number of near-mine prospects, including Bokitsi, Mampong, Pokukrom and the Agyakusu prospecting licence with the goal of delineating further resources to extend the life of EGM. 

Located east of EGM, the Grumesa Project has 0.5Moz of Measured & Indicated Resources and 0.25Moz of Inferred Resources. 

Our Sissingué Project
 in Côte d'Ivoire has a Measured and Indicated Mineral Resource of 700,000oz gold, an Inferred Resource of 58,000oz gold and an Ore Reserve of 429,000oz gold. A revised Feasibility Study confirmed the Sissingué Gold Mine to be technically feasible and economically robust. Construction has commenced at Sissingué, with first gold expected by the March quarter of 2018. 

An updated global Indicated Mineral Resource for the Bélé deposit announced February 2017 is estimated as 1.90Mt grading at 2.0g/t gold, containing 130,000 ounces of gold. A further 0.42Mt of material grading at 1.8g/t gold and containing a further 25,000 ounces of gold are classified as Inferred Resources.

The Yaouré Project, also in Côte d'Ivoire, was acquired through our merger with Amara Mining, and has the potential to become a large-scale, low-cost, long life mining project. Perseus has commenced a Definitive Feasibility Study for the project, expected to be complete by mid-2017.

We have commenced exploration at other prospects in Côte d'Ivoire including the Mbengué, Mahalé and Napié licences.


For a description of Perseus’s data verification process, quality assurance and quality control measures, the effective date of the mineral resource and mineral reserve estimates contained herein, details of the key assumptions, parameters and methods used to estimate the mineral resources and reserves set out in this report and the extent to which the estimate of mineral resources or mineral reserves set out herein may be materially affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant issues, readers are directed to the technical report entitled “Technical Report - Central Ashanti Gold Project, Ghana” dated May 30, 2011 and the technical report entitled ‘‘Technical Report - Tengrela Gold Project, Côte d’Ivoire’’ dated December 22, 2010 in relation to the Edikan Gold Mine (formerly the Central Ashanti Gold Project) and the Tengrela Gold Project respectively.

Email Subscription

Enter your email address to join our email newsletter

Providing us with your email address you agree to receive Perseus Mining Limited’s email alerts. You can withdraw your consent at any time via the unsubscribe link included in each email alert. Please refer to our privacy policy or contact us for more details.