Yaoure Gold Project, Côte d’Ivoire


Highlights:

  • Development-stage asset in central Côte d’Ivoire, West Africa
  • Positive Definitive Feasibility Study completed, released November 2017
  • JORC-compliant Ore Reserve of 26.8Mt at 1.76g/t containing 1.52 million ounces of gold.
  • Average annual production of 215,000oz for the first five years of operations, with average all in site costs of US$734/oz

  • Technical Parameters
    Annual Average
    Years 1-5
    Total Life of Mine2
    Ore mined Mt 4.61 26.81
    Strip ratio t:t 5.4:11 5.1:11
    Ore processed Mt 3.3 26.8
    Head grade g/t gold 2.27 1.76
    Gold recovery rate % 90.1 90.1
    Gold production '000 ounces 215 1,367
           
    Unit Operating Costs      
    Production costs US$/oz 670 690
    Royalty US$/oz 44 44
    Sustaining capital  US$/oz 20 25
    Average all-in site costs US$/oz 734 759
  • Internal Rate of Return of 27% with a 32-month payback period at a gold price of US$1250/oz
  • Low operating costs due to excellent infrastructure nearby – grid power and water supply within 5km, dual carriageway highway within 40km
  • Potential for growth and extension of 8.5-year mine life through further drilling in and around the planned pits as well as systematic exploration of the surrounding 513sq km land holding
  • Development of Yaoure would deliver on Perseus' goal of becoming a 500,000+ oz gold producer.

  To find out more about Yaoure, view our DFS presentation

 

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