Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Production Start | ...  |
Mine Life | 2023 |
Source:
p. 1
Company | Interest | Ownership |
Government of Ghana
|
10 %
|
Indirect
|
Nguvu Holdings Ltd.
|
90 %
|
Indirect
|
Adamus Resources Limited
(operator)
|
100 %
|
Direct
|
Adamus Resources Limited is the first mine to be owned by Nguvu Holdings (formerly known as BCM Investments Limited). The mine was acquired from Endeavour Mining in 2017. Nguvu Holdings has 90% economic interest in the mine, with the Government of Ghana holding the remaining 10%.
Contractors
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Deposit Type
- Vein / narrow vein
- Mesothermal
Summary:
The mineral deposits on the property include Salman Trend and Adamus deposits and also several smaller deposits (Bokrobo, Akropon, Nfutu, Aliva and Avrebo). Salman Trend gold deposits are believed to be associated with the same beltmargin shear zones that host the other Ashanti Belt gold deposits and has many characteristics typical of these deposits.
Major gold deposits in Ghana are hosted by proterozoic rocks of the West African Craton, including the Birimian Supergroup, a series of metavolcanic and metasedimentary rocks, the Tarkwaian Group, comprising fluvial metasedimentary rocks, and various gabbroic to granitic intrusives. Gold mineralization within the Birimian Supergroup is structurally controlled and associated with mesothermal quartz veins and sulphide concentrations, while both mesothermal shear hosted and palaeoplacer gold deposits occur in the Tarkwaian Group. The Nzema Project is within the Birimian Supergroup rocks with minor granitic intrusions, bounded by large granitoid bodies to the west and east, and is devoid of Tarkwaian Group rocks.
The Salman Trend is defined by a semi continuous +200ppb gold in soil anomaly extending for at least 9 kilometres along the Salman Shear Zone. Approximately 8.5 kilometres of strike extent has been drill tested to date with several discrete, multi-lode gold deposits identified along the shear zone. Significant oxide gold deposits within the Salman Trend include, from south to north, Salman South, Salma ........

Summary:
The mining method is conventional open pit mining including drilling, blasting, loading and hauling operations. Mining activities is by owner mining.
Drilling and blasting is performed on 6 to 15m benches, depending on geological and geotechnical settings of a given deposit, with blasted material excavated in discrete 3m high flitches.
Source:

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Flow Sheet:
Summary:

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Production:
Commodity | Units | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
Gold
|
oz
| ......  | ......  | ......  | ......  | 103,731 | 115,621 | 87,710 |
All production numbers are expressed as metal in doré.
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Operational Metrics:
Metrics | 2017 | 2016 | 2015 | 2014 |
Annual processing rate
| 1.6 kt of ore | 1.6 Mt of ore | | |
Stripping / waste ratio
| 3.81 | 8.3 | 5.22 | |
Ore tonnes mined
| 1,427 kt | 1,000 kt | 1,310 kt | 1,366 kt |
Total tonnes mined
| 6,873 kt | 9,295 kt | 8,144 kt | 8,769 kt |
Tonnes milled
| 1,499 kt | 1,761 kt | 1,783 kt | 1,587 kt |
Waste
| | 8,295 kt | 6,834 kt | |
Reserves at June 30, 2017:
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
2.1 Mt
|
Gold
|
2.73 g/t
|
181 koz
|
Probable
|
1.3 Mt
|
Gold
|
2.7 g/t
|
110 koz
|
Proven & Probable
|
3.3 Mt
|
Gold
|
2.72 g/t
|
291 koz
|
Measured
|
21.1 Mt
|
Gold
|
1.37 g/t
|
929 koz
|
Indicated
|
12 Mt
|
Gold
|
1.31 g/t
|
502 koz
|
Measured & Indicated
|
33.1 Mt
|
Gold
|
1.35 g/t
|
1,431 koz
|
Inferred
|
5.9 Mt
|
Gold
|
1.29 g/t
|
243 koz
|
HME Type | Model | Size | Quantity | Ref. Date |
Dozer (crawler)
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.......................
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Apr 2, 2013
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Drill
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Apr 2, 2013
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Excavator
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Apr 2, 2013
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Excavator
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Apr 2, 2013
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Excavator
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Apr 2, 2013
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Grader
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Apr 2, 2013
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Grader
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Apr 2, 2013
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Loader
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Apr 2, 2013
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Truck (haul)
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Apr 2, 2013
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Truck (haul)
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Apr 2, 2013
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Truck (haul)
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Apr 2, 2013
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Truck (haul)
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Apr 2, 2013
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Truck (haul)
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100 t
|
.......................
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Feb 24, 2023
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Truck (water)
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.......................
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|
.......................
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Apr 2, 2013
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Corporate Filings & Presentations:
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