Bongouanou Area Project
Bongouanou Research Permit
On April 24, 2019 the Bongouanou Research Permit was awarded to Kobo Resources. The permit is located within the Birimian Dimbokro-Abengourou Belt, Boaulé-Mossi domain. It is located in the administrative departments of Arrah, Bongouanou and Daoukro and covers 301.75 km2 of prospective Birimian host rocks. The Bongouanou Permit forms the basis of the Bongouanou Project. The Bongouano Permit is issued for four years and is renewable for two consecutive three years term with an additional possible two years term.
The Bongouanou Permit is considered in second rank to the business objectives of Kobo given its current stage of development.
At the Bongouanou Permit, government regional airborne geophysical surveys suggests a structurally complex region. The strong northeast-southwest fabric is similar to the dominant lineaments associated with most West African gold deposits. A soil geochemistry program was carried out in 2020 with 2800 samples taken. Several areas of anomalous gold results require additional follow up work and the Company anticipates a conducting an drone magnetics survey over the concession in 2023.
Surface mining in the Bongouanou region
Typical artisanal mining sites of the region. Local gold miners dig shallow pits, generally less than 2 meters in depth and use hand help metal detectors to locate vein hosted gold. The material is then crushed and gold is recovered using panning techniques or other methods of collection.
Quartz veins near Bocanda
Visible gold in a quartz veins, M’Batto