Perseus Mining Acquires Bagoé Gold Project - Seite 2

 

Conducting acid base accounting test work and waste characterisation analysis.
 

Drone surveys to generate Digital Elevation Models and aerial photographs to be used for planning and mapping purposes.
 

A study of proposed ore transport routes.

Drilling at Bagoé is scheduled to start in the second week of October and finish in late December 2020. The target date for completion of the DFS is June 2021.

Work will also be undertaken to prepare an Environmental and Social Impact Assessment (ESIA) for Bagoé. Local environmental consultants, CECAF, have been engaged to undertake this work. A field survey is due to commence in the first week of October 2020 and the fully documented application for the ESIA is scheduled to be filed in the March 2021 quarter.

Early stage exploration activities will also commence in parallel with the DFS and ESIA work. Initially exploration will focus on the prospective opportunities identified by Exore on the Bagoé tenement and will include:

• Drilling of the Antoinette-Juliette ‘gap’ to follow up previous encouraging intercepts in AC and RC drilling beneath transported cover.
   
• Drilling to follow up encouraging drill intercepts between Antoinette and Antoinette South.
   
• Drilling to follow up encouraging intercepts on strike extensions of the Véronique deposit and at regional prospects such as Odette and Brigette.

Corporate Update
Following her recent appointment to the board of Newcrest Mining Limited, Sally-Anne Laymen has resigned as a non-executive director of Perseus with effect from September 30, 2020. Perseus has begun a search for a suitable replacement for Sally-Anne as well as for one additional female non-executive director both of whom shall be appointed to the board in due course. The two new appointments will bring the total number of directors serving on the Perseus board to seven, six of who will be non-executive and one the managing director, an executive. At this time, the board will also include two female directors which will be consistent with current governance best practices.

Perseus’s Managing Director & Chief Executive Officer, Mr. Jeff Quartermaine, said: “With the completion of the Exore Scheme of Arrangement, Perseus is now very keen to move forward to prove the financial viability of a development concept for the Bagoé Gold Project and if possible, increase the size of the mineable Mineral Resource.