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Burkina Faso Gold Project


 

ACC Resources Ltd (ACC) holds exploration rights to 10 gold properties in Burkina Faso. ACC has also invested in companies focusing on the exploration and production of gold in Burkina Faso, such as Goldrush Resources and Riverstone Resources.

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Established in 2007, ACC Resources Ltd (ACC) is a private exploration company controlled by ACC International Holdings. ACC Group's headquarters are in Ouagadougou, Burkina Faso, where it has created an exceptional portfolio of exploration properties. ACC Group now owns ten highly prospective concessions in Burkina Faso, totaling 1,328 sq km (328,149 acres). ACC’s mission:

1.      Explore for, discover, and develop essential natural resources in West Africa
2.      Generate wealth for our investors and partners
3.      Add value to the communities in which we work
Burkina Faso is home to a population of over 16 million. The government is stable and friendly to mining - there is a fast growing international mining culture and work force as new gold discoveries are being developed in several regions within the country. With the development of six new gold mines in the last five years, Burkina Faso’s mining infrastructure and service sector are growing quickly. ACC enjoys an excellent relationship with the Minister of Mines, Quarries, and Energy (Ministry), as well as other important government officials. Burkina Faso has a highly prospective geologic setting:
Managed by a team of experienced natural resource professionals, including geologists, geological technicians, mining engineers, and competent administrative staff, ACC is constantly looking to add to and improve its pipeline of exploration properties and aggressively seeks other West African opportunities. The staff is mainly local Burkinabe while the top management are expats based in Ouagadougou. ACC’s Exploration Manager has exceptional knowledge of his country’s geologic potential.

Permit Name Area (km2) Status
Dossi 172 Advanced Exploration – Soil Geochem; RC and Core Drilling; IP; High Resolution Aeromag; NI 43-101 Inferred and Indicated Resource: 16.7 Mt at 1.6 g/t = 848,000 oz gold
Bansie 48 Advanced Exploration – Soil Geochem; RC Drilling; High Res Aeromag; adjacent to and part of the NI 43-101 Resource reported for Dossi
 
Dodougou 174 Early Exploration – Soil Geochem; RAB Drilling; IP; High Res Aeromag; several drill-ready gold targets
Dabao 181 Early Exploration – Soil Geochem; IP; RC Drilling; High Res Aeromag; very active orpaillage; several drill-ready targets
Guiembile 146 Early Exploration – Soil Geochem; Regional Aeromag and Radiometry
Nahi 180 Early Exploration – Soil Geochem; Regional Aeromag and Radiometry
Wahable 44 Early Exploration – Soil Geochem; Regional Aeromag and Radiometry
Manzour 51 Early Exploration – Soil Geochem; Regional Aeromag and Radiometry
Lenga 173 Early Exploration – Soil Geochem; Regional Aeromag and Radiometry; adjacent, on trend with B2Gold’s multi-million-ounce Kiaka deposit
Yakala 159 Early Exploration – Soil Geochem; Regional Aeromag and Radiometry
 

 
Dossi


Summary

  • Most advanced ACC gold exploration permit
  • 260 km west of Ouagadougou, 10 km south of main highway from Ouagadougou to Bobo-Dioulasso, and Abidjan (Ivory Coast) - excellent access
  • No villages in mineralized areas
  • Located along eastern edge of Hounde Greenstone Belt in Western Burkina Faso
  • Multiple gold anomalies - all near surface
  • Actively exploring seven target zones
  • Multiple orpaillage sites
  • Added adjacent Bansie permit to Zone 1 October 2009
  • 227 RC drill holes (27,827 meters)
  • 31 Core holes (4,676 meters) in Zone 1
  • 800 RAB drill holes (20,910 meters)
  • 2,827 soil geochemistry samples
  • Four ground geophysical programs (IP)
  • High resolution aeromag and radiometry (Fugro Midas) completed in November 2010
  • NI 43-101 Indicated + Inferred Resource = 16.7 Mt at 1.6 g/t = 848,000 Au oz
  • Approximately half of the existing resource is in oxides

 
 

NEXT STEPS

  • Infill RC and core drilling in Zone 1 to upgrade resource classification to “measured and indicated.”
  • Metallurgical testing for heap leach operation in Zone 1 (more than 400,000 oz Au in oxides)
  • Preliminary Economic Assessment of heap leach operation
  • Additional RC drilling in Zones 2 and A1 (Targets 1-6)
  • Auger sampling in unsampled areas along east and west permit zones


Bansie


SUMMARY

  • Adjacent to the northern border of Dossi and contains the northerly extension of Dossi Zone 1 mineralization (included in Dossi NI 43-101 resource estimate)
  • Intensive artisanal mining activity
  • Earn-in agreement with Volta Resources in October 2009 – requirements have been completed for transfer of 100% to ACC, and permit transfer request has been submitted to Mining Ministry
  • Volta Resources drilled a total of 28 RC holes (2,003 meters) in five fences in 2008. ACC drilled an additional 5,000 meters of RC in 2012 to define the northerly extension of Dossi mineralization (still open to the north)

 
NEXT STEPS
 
·         Additional RC drilling, both infill in the resource area and to continue defining the mineralization to the north.
·         Metallurgical testing for oxide leach potential.
·         Preliminary economic assessment with Dossi Zone 1 heap leach project.
 

Please replace this map – I will send a new map separately.
 
 
Dodougou



We should update this figure – I’ll send something
Dodougou

  • Early stage exploration project located at northern limit of Banfora Greenstone Belt
  • Excellent regional aeromag and IP indicators
  • High resolution aeromag and radiometry (Fugro Midas) completed in November 2010
  • Soil geochemistry and auger drilling have defined at least 4 drill-ready targets
  • IP (3 zones):chargeability and resistivity completed for anomalous soil geochem targets


NEXT STEPS
 

            Dabao


SUMMARY

  • Early-stage exploration project in Boromo Greenstone Belt
  • High resolution aeromag and radiometry (Fugro Midas) completed in November 2010
  • Located near ACC's Wahable & Manzour permits southwest of the rich Poura Mine area (within the Gorgane Au/As anomaly)
  • Intensive artisinal mining activity
  • Soil geochem and auger sampling have identified several targets for additional testing
  • RC Drilling: 20 drill holes ( 2 000m) in Zone 1 target – good intercepts in 5 holes
  • IP (Zone1) indicates several targets in Zone 1

NEXT STEPS

  • RC drilling to test large, high-grade quartz vein being mined by artisanal miners in NE target zone
  • Additional auger sampling in NE target zone
  • Detailed mapping of potential shear zones identified in high resolution aeromag survey
  • RAB drilling, auger sampling and additional soil geochem in new target zones

 
Guiembile & Nahi


SUMMARY

  • Early-stage exploration projects
  • Goren Greenstone Belt
  • Proximity to large discoveries at Bissa and Inata
  • Wide-spaced soil geochem sampling in 2008 indicated  multiple anomalous gold targets
  • Multiple orpaillage workings on Guiembile
  • Detailed geologic mapping in 2013

NEXT STEPS

  • High resolution aeromag and radiometric survey
  • Regolith mapping
  • Auger sampling of identified target areas
  • Scout RC drilling in best targets

RC drilling in most promising targets

Wahable & Manzour


SUMMARY

  • Early-stage exploration exploration projects
  • Boromo Greenstone Belt
  • Small permits located southwest and northeast of Dabao, all within 25 km southwest of the prolific gold producing Poura  mine
  • Active artisinal gold mining on Wahable
  • Stream and soil (1 000m x 100m) geochemical sampling completed on both properties.
  • Detailed Geologic mapping completed in 2013

NEXT STEPS

  • Additional soil geochemistry
  • Auger and RAB drilling; trenching
  • Regolith mapping
  • High resolution aeromag and radiometric survey
  • Detailed geological mapping

 
Lenga & Yakala


SUMMARY

  • Early-stage exploration projects
  • Located near the intersection of the Markoye Fault and the Tenkodogo Greenstone Belt – adjacent to Volta Resources’ Kiaka Project
  • Stream sediments and historical soil geochemistry indicate anomalous base metals on both permits
  • In 2009, 3 358 soil geochemistry samples at Lenga and 2 859 soil geochemistry samples were collected and analyzed
  • Regional aeromag and radiometric data have been analyzed, indicating several targets for additional sampling
  • Detailed geologic mapping completed in 2013

NEXT STEPS

  • High resolution aeromag and radiometric surveys
  • Auger and RAB drilling
  • Scout RC drilling of target zones