The Korokaha Gold Project (“KGP”) comprises the 300km2 Korokaha North Exploration Permit (PR 239, 300km2), the Korokaha South Exploration Permit (PR 333, 352.8km2) and the Diawala Exploration Permit application (361km2) in the districts of Korhogo and Ouangolodougou.
The Korokaha permits lie adjacent to Barrick’s Tongon Mine Lease and cover 50km of prospect terrain within 25km of the Tongon Mill.
The application for the Korokaha North Permit was made in 2008 by Red Back Mining, whilst the permit was not issued until 2013, it was possible at that time to work under an “Autorisation de Prospection” and Red Back completed a program of regional soil sampling in the northern part of the area in 2009. Two trenches were completed on the Kadona anomaly returning best intercepts of 34m grading 0.53g/t and 5m grading 7.04g/t.
After the acquisition of the Korokaha North permit and the surrounding applications from Kinross in 2017, Orca Gold completed further soil geochemistry in the southern part of the permit which defined the 8km Badenou soil anomaly, adjacent to the Tongon Mine Lease boundary. This was infilled by Orca in 2019.
The Korokaha South permit was issued in April 2020. There are no records f previous exploration activity in this area.
The KGP overlies a north-east striking package of Birimian aged sediments and intermediate volcanics with over 40km of the granite-greenstone contact.
In the Korokaha South Permit, exploration in the form of reconnaissance soil sampling has been initiated by Montage in October 2020, focussing on the northern part of the permit. Montage will follow up as appropriate on any anomalies defined by this work.
In the Korokaha North Permit, a program of geological mapping and trenching has been planned for after the current rainy season with follow up RC drilling once targets are identified.