The Sabodala-Massawa Project occurs in the West African (Birimian) Paleoproterozoic metallogenic province. The metallogenic district is associated with Paleoproterozoic epigenetic gold deposits which occur in 2.25 Ga to 1.90 Ga granite-greenstone belts of the Birimian and Tarkwaian cycles, which were deformed and metamorphosed during the Paleoproterozoic Eburnean orogeny adjacent to the Archean Sao Luis Craton in Guinea, Sierra Leone, and Liberia.

Gold deposits in the West African metallogenic district, including those on the Sabodala-Massawa Project and the company's adjacent exploration permits, show many characteristics consistent with their classification as orogenic (mesothermal) gold deposits and prospects.

Orogenic gold deposits exhibit a range of styles dependent on metamorphic grade, setting, fluid type, and fluid/confining pressure. They often include spatially associated quartz shear veins, extension vein arrays, shear zone and disseminated sulphide styles. Greenschist metamorphic grade, vein dominated styles such as those developed in the Sabodala district contain quartz-carbonate ± albite ± K-feldspar veins with up to 10% (pyrite ± arsenopyrite ± base metals) sulphides and associated Fe-carbonate albite, chlorite, scheelite, fuchsite and tourmaline as associated vein and hydrothermal alteration assemblages. Vein systems and shear zones are often semi-brittle in style, including both brittle veining styles (extension veins and fault hosted br ........

During H1 2020, mining at Sabodala pit, Golouma, Maki Medina, Goumbati West/Kobokoto was on going. In addition, during the first half of 2020, development activities began at the Massawa Mining License for mining to start in Q3 2020 at Sofia pits. The development work includes continuing the haul road from Golouma pit area towards Sofia deposits, as well as infrastructure around the pit areas. Production will then continue into the following year and beyond as indicated in the overall LOM plan.

The selective mining practice and stockpiling strategy at the Sabodala mine since start-up has released ore at a faster rate than milling capacity. This has resulted in a large build-up of low grade stockpiled ore on the ROM pad, planned to be fed to the Sabodala processing plant at the end of mine life.

The mining method utilized is conventional truck and shovel open pit mining. The mining operation is effective at selectively separating ore from waste, and in separating the four ore categories that are stockpiled if not immediately milled. These are, namely, high grade, medium grade, low grade, and marginal.

Additional higher grade stockpile bins are utilized at times where mining areas are at a higher grade than the average LOM grade and would be the case at several Massawa Mining License deposits such as Central Zone and North Zone.

Underground Cut and Fill (C&F) mining was selected for use at the underground Golouma deposits, including G ........

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