The Yaouré Deposit is a structurally controlled, greenstone hosted gold deposit similar in nature to many exploited elsewhere in the Birimian terranes of West Africa.

Gold mineralisation is accompanied by traces of molybdenum, tungsten, antimony, bismuth and tellurium indicating that the mineralisation may have affinities with the reduced intrusion-related gold systems (IRGS). The predominance of structural controls and association with carbonatisation, sericitisation and silicification, however, are characteristics that more clearly point to its classification as an orogenic, mesothermal gold deposit.

The Yaouré gold deposits lie within the eastern half of the informally named Bouflé greenstone belt in central Côte d’Ivoire. The belt is a NNE-trending assemblage of Palaeoproterozoic volcanic, sedimentary and intrusive rocks of the Birimian Supergroup.

Rock types in the Yaouré district are, for the most part, mafic volcanic rocks with minor chert, turbiditic metasedimentary rocks and a fluvio-deltaic formation. The volcano-sedimentary rocks were intruded by tonalite-trondhjemite-granodiorite (TTG) type plutonic rocks and undifferentiated granitoids. Mafic to ultramafic complexes are also found in the Yaouré district.

The entire Birimian rock suite has been metamorphosed to lower greenschist facies.

At Yaouré, structurally controlled gold mineralisation is hosted mainly by Palaeoproterozoic Birimian basaltic rocks. Relatively minor proportions of the Mineral Resource are hosted by a granodiorite intrusion and lesser feldspar, quartz-feldspar and hornblende porphyry dykes.

Gold mineralisation at Yaouré has been subdivided into two main zones: the CMA Zone and the Yaouré Zone. The CMA zone is a relatively continuous 20-45 m thick fault zone featuring quartz-carbonate (dominantly ankerite) veining and disseminated pyrite in albite-carbonate altered wall rocks. It strikes approximately north-south, dips at 30 degrees to the east, extends along 1,200 metres strike and its down-dip continuity has been tested for in excess of 450 m.

The Yaouré Zone comprises a system of structures in a 300 m wide zone, 200 m below the CMA Zone beneath the Yaouré Central Pit. Gold mineralisation is hosted by a series of brittle- ductile structures divided for convenience into ‘Y’ and ‘S’ types. The ‘Y’ fault zones, parallel to CMA, consist of Y1, Y2 and Y3 - shallow easterly dipping reverse faults with associated albite, carbonate and quartz veins in variably altered host rocks with disseminated pyrite. The ‘S’ type structures comprise sub-vertical faults filled with quartz-tourmaline veins. The ‘S’ type structures are oriented west-northwest, east- south-east and north-east, south-west.

Numerous, less well developed mineralised structures also occur in the deposit. The majority strike approximately east-west and dip sub- vertically and are best developed in the granodiorite stock where, in places, they combine with less common flat-lying veins to form a stock work. Gold mineralisation also occurs along granodiorite and porphyry contacts and along zones of competency contrast such as the contacts between massive and pillowed basalts.

Gold occurs within quartz, quartz-carbonate and quartz-tourmaline veins and in adjacent altered wall rocks, typically associated with disseminated pyrite. Other than for very fine particles that may be occluded by silicates or pyrite, the gold is “free milling”, i.e. cyanide soluble.

Gold mineralisation is accompanied by very minor amounts of arsenopyrite and molybdenite.

The selected mining method is conventional open pit mining utilising hydraulic excavators and standard off-highway rear dump trucks with mining undertaken by a contractor.

In ore, mining bench heights are 5 m with 2.5 m flitches for selective mining to minimise ore loss and waste rock dilution. Waste blocks adjacent to ore will be mined on 5 m benches, while bulk waste more distant from the ore zone will be mined on 10 m benches.

The proposed mining operation will use a selective mining method to minimise ore loss and waste rock dilution. The total movement mining rate averages approximately 26.5 Mt/year for the life of mine to deliver ore feed to support the target processing rate of 3.3 Mt/year. The operation is planned to be operated by a mining contractor to strip free dig material such as topsoil, clays and highly
weathered rock near surface, as well as remove backfill in the CMA pit. Fresh rock, which is the dominant rock type, will require significant drilling and blasting, and will form the main material mined by the mining contractor.

The treatment plant design incorporates the following unit process operations:

- Primary crushing with a single toggle jaw crusher to produce a coarse crushed product;

- A live stockpile from which ore will be reclaimed to feed the milling circuit;

- A SABC milling circuit comprising a SAG mill in closed circuit with a pebble crusher and a ball mill in closed circuit with hydrocyclones to produce an 80% passing 75 micron grind size;

- Gravity concentration and removal of coarse gold from the milling circuit recirculating load and treatment of gravity concentrate by intensive cyanidation and electrowinning to recover gold to doré;

- A leach and carbon in leach (CIL) circuit of one leach stage followed by six stages of leaching with carbon present for gold adsorption, providing a total of 29 hours leach time at the design leach feed density;

- A split AARL elution circuit treating loaded carbon, electrowinning and gold smelting to produce doré; and

- Tailings pumping to the tailings storage facility (TSF).