Overview
Stage | Preliminary Economic Assessment |
Mine Type | Open Pit & Underground |
Commodities |
|
Mining Method |
- Truck & Shovel / Loader
- Longhole open stoping
- Undefined backfill
|
Mine Life | 9 years (as of Jan 1, 2020) |
The West Kenya Project Licence Area including Isulu and Bushiangala deposits in Kakamega Camp and Ramula deposit in the Ramula Camp.
In 2023, the West Kenya Project Feasibility Study workstream, led by an internal owners team, will continue.
Early works toward permitting have commenced including data collection for the ESIA. Permitting application is expected to be made in around 12 months (as of 31 December 2023) with a decision potentially in mid-2025. |
Source:
p. 78
On 19th August 2020, the Company (through its wholly owned subsidiary, Shanta Gold Kenya (Guernsey) Limited) completed the acquisition 100% of the shares of Shanta Gold Kenya Limited (formerly Acacia Exploration (Kenya) Limited) from three subsidiaries of Barrick Gold Corporation.
Contractors
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Deposit Type
- Orogenic
- Vein / narrow vein
Summary:
The West Kenya Project Licence Area including Isulu and Bushiangala deposits in Kakamega Camp and Ramula deposit in the Ramula Camp.
Isulu and Bushiangala
The Liranda Corridor is located on the eastern most margin of the Busia-Kakamega Belt. Here rocks form a broad synclinal structure intruded in the centre by granitoids and dioritoids, informally termed the Kakamega Dome. The Liranda Corridor is situated on the eastern limb of this synclinal structure within a 12 km structural zone known informally as the Liranda Corridor. Lithologies of the Isulu and Bushiangala prospects include sediments, iron-rich basalts, ultramafic volcanic rocks, gabbros, dolerites and small felsic intrusions. The mafic volcanic unit also includes thin layers of sulphidic carbonaceous interflow mudstone.
The Isulu and Bushiangala prospects mineralisation are classified as orogenic, shear-zone-hosted quartz-carbonate vein subtype. Mineralisation of this sub-type consists of quartz-carbonate veins and veinlet arrays associated with Mg-Fe carbonate alteration and sulphidation, which are developed within shear zones and their splays, within competent rock units. Mineralisation is concentrated in zones of enhanced fluid flow, such as jogs or changes in strike along the larger-scale fault zones.
The main zones of mineralisation at Isulu extend up to 240m along strike. The resource estimate (Phase 1) generally includes mineralisation down to 250m depth.
At Bushiangala the mineralisation extends over 270m ........
Mining Methods
- Truck & Shovel / Loader
- Longhole open stoping
- Undefined backfill
Summary:
A pit optimisation study has been undertaken for the Deposits to determine the potential for open pit mining at the Project. Based on this assessment an initial open pit at each of the Deposits has been shown to have potential. Following pit optimisation results, a pit shell has been selected for each deposit. Open pit mining will be by standard drill, blast, truck and shovel methods. Open pit mining is expected to benefit from free dig mining of oxide resources.
Underground mining will commence after open pit mining, with the proposed mining method for the Deposits being LHOS with backfill.
The envisaged underground mine will be accessed by two portals, at Isulu and Bushiangala, from which declines will be driven down at each deposit.
Source:
Source:
Summary:
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Source:
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Projected Production:
Commodity | Units | Avg. Annual | LOM |
Gold
|
oz
| 105,000 | 949,000 |
Operational Metrics:
Metrics | |
Plant annual capacity
| ...... |
Ore tonnes mined, LOM
| ...... |
Tonnes milled, LOM
| ...... |
* According to 2020 study.
Reserves at February 22, 2023:
The Mineral Resource has been reported at a minimum cut-off grade of 0.7 g/t Au for both the oxidised rock and fresh rock.
Category | Tonnage | Commodity | Grade | Contained Metal |
Indicated
|
7,293 kt
|
Gold
|
4.86 g/t
|
1,139 koz
|
Inferred
|
2,538 kt
|
Gold
|
7.56 g/t
|
617 koz
|
Total Resource
|
9,831 kt
|
Gold
|
5.55 g/t
|
1,755 koz
|
Corporate Filings & Presentations:
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