Chesser Resources Limited (CHZ:ASX)
Chesser Resources Limited is an Australia-based gold company with projects located in Senegal. The Company has discovered two gold projects at its flagship Diamba Sud project in eastern Senegal. The Diamba Sud Project covers approximately 53.2 square kilometers and lies within the prospective Senegal Mali Shear Zone orogenic belt. The Diamba Sud project is located in an area that hosts gold mines, including the neighboring Loulo, Gounkoto and Fekola mines over the border in Mali. The Diamba Nord Project consists of two exploration tenements totaling approximately 242 square kilometers and is located in eastern Senegal. The Company hold interest in two applications. The Morichou application is located approximately 35 kilometers from the Sabodala Shear Zone on the Mako Belt. The Bondala application Project is located approximately 12 kilometers southwest of Barrick’s Loulo mine and over 7 kilometers west of Barrick’s Gounkoto mine, both across the border in Mali.