Manas Resources (ASX: MSR) is an ASX-listed gold company with three key assets in Côte d’Ivoire, West Africa – The Mbengué Project, The Eburnea Project and the The Gonsan Project.
Manas has entered into an earn-in agreement for up to 70% ownership in the Mbengué Gold Project in Côte d’Ivoire. The Mbengué Permit is held by Occidental Gold SARL, a 100% owned subsidiary of Perseus Mining Limited.
Côte d’Ivoire is recognised as a stable region for foreign investment and remains a vastly underexplored jurisdiction with significant potential for further major gold discoveries. Currently Manas own 3 major Projects.
Côte d’Ivoire is host to several prolific Birimian-aged greenstone belts extending from neighbouring countries that host multi-million-ounce gold deposits. Major mines in Côte d’Ivoire include Barrick’s Tongon mine (>5Moz Au), and Endeavour Mining’s Ity mine (>4.4Moz Au).
The country is recognised as a stable region for foreign investment and remains a significantly underexplored jurisdiction with good potential for further major gold discoveries. There are currently four operating gold mines in Cote D’Ivoire; Tongo, Ity, Bonikro and Sissingué.
Manas’ flagship project is the Mbengué Gold Project (MGP). The MGP is located approximately 6km north of the largest mine in the Country (Barrick’s Tongon), 27km SE of Terranga’s Wahgnion mine and 90km southeast of Perseus’s Sissingué mine. It covers 300km2 of the highly-prospective Senoufo greenstone belt. Manas is earning up to 70% ownership from by Occidental Gold SARL, a 100% owned subsidiary of Perseus Mining Limited by sole-funding exploration.
Manas also has interests in two other exciting gold projects in Côte d’Ivoire, including one adjacent to the country’s second largest gold mine; Ity.