Geology and reserves of the mine area
The Yatela deposit is located in the north of the Malian portion of the Keniéba-Kedougou window with Kofi formation sediments. These sediments comprise of carbon-rich and impure lime stones with minor tuffs and acid volcanics.
The total reserves at the time of commencement of production were 1.34 million tons (mt) grading at 3.7g/t and the total measured and indicated resources were 28mt at 2.5g/t.
As of December 2010, the proven and probable reserves totalled 1.51mt graded at 1.6g/t of gold.
The attributable production in 2011 is expected to be in the range of 31,000oz to 32,000oz.
Mineralisation of the Kayes region of Mali
Mineralisation occurs in the troughs developed over the carbonates. The troughs are 220m deep and comprise of unconsolidated ferruginous sand and clay.
The ore zone lies on top of the thick layer of angular blocks belonging to Seroukoto sandstone and shale which in turn is covered by a fine sand unit consisting of pisolithic gravel layers and laterite rubble. |