Total
0
Shares
Bassari Resources (ASX:BSR) launches new mining plan for Makabingui, Senegal
  • Bassari Resources (BSR) has announced a new mining start-up plan for the Makabingui Gold Project in Senegal
  • The plan has been developed because a full-scale mining and production start-up isn't currently possible due to COVID-19 travel restrictions
  • A total of 100,000 tonnes of waste and 40,000 tonnes of ore will be produced over three months for a total gold content of around 2200 ounces
  • The waste material will be used for mining infrastructure works such as haul roads, waste dump and a run-of-mine (ROM) pad
  • Bassari's shares have been suspended since March and last traded for 1.3 cents

Bassari Resources (BSR) has announced a newly developed mining start-up plan for the Makabingui Gold Project.

The plan has been developed because a full-scale mining and production start-up isn't possible at the moment due to COVID-19 travel restrictions.

The Makabingui Project is located within the Birimian Gold Belt in Senegal.

Under the new mining plan, Bassari plans to produce over 2000 ounces of gold at a significantly increased value, considering the recent upswing in gold prices, over a 12-week period. The mining plan will utilise Bassari's staff and equipment, as well as equipment hired in Senegal.

The goal is to begin mining an area within the overall Makabingui Gold Operation, which comprises the namesake project and the underground mine, where a prospective location in the pit 2 area has been identified.

The grade within the location presents an opportunity to recover approximately 2200 gold ounces.

An initial target of 70,000 tonnes building up to 140,000 tonnes of ore and waste material is expected to be mined from two benches over three months.

This breaks down into 100,000 tonnes of waste and 40,000 tonnes of ore for a total gold content of around 2200 ounces.

The waste material will be used for mining infrastructure works such as haul roads, waste dump and a run-of-mine (ROM) pad. The extracted ore will then be stockpiled on the ROM pad for final crushing and ready to be transported to the tertiary crushers and final processing.

Bassari's shares have been suspended since March and last traded for 1.3 cents each.


Subscribe


BSR by the numbers
More From The Market Herald
King River Resources (ASX:KRR) - Chairman, Anthony Barton - The Market Herald

" King River Resources (ASX:KRR) to start drilling at Tennant Creek

King River Resources (KRR) will commence its reverse circulation (RC) drilling program at Tennant Creek in Northern Territory on Monday.
Alicanto (ASX:AQI) outlines targets near Wolf Mountain

" Alicanto Minerals (ASX:AQI) set to raise $1.425M, reshuffles board

Alicanto Minerals (AQI) has received firm commitments to raise $1.425 million for exploration activities in Sweden and Guyana, as well as for genera…
Equus Mining (ASX:EQE) to restart drilling at Cerro Bayo, Chile

" Equus Mining (ASX:EQE) to restart drilling at Cerro Bayo, Chile

Equus Mining (EQE) will restart drilling later this month at its Cerro Bayo Project in southern Chile.
Troy Resources (ASX:TRY) finds further “spectacular” results at Karouni

" Troy Resources (ASX:TRY) finds further “spectacular” results at Karouni

Troy Resources (TRY) has found “spectacular” results at Smarts prospect within its Karouni Gold Project in Guyana, South America.