Manas has entered into an earn-in agreement for up to 70% ownership in the Mbengué Gold Project in Côte d’Ivoire, West Africa. The Mbengué Permit is held by Occidental Gold SARL, a 100% owned subsidiary of Perseus Mining Limited.
The Mbengué Permit is located in north-central Côte D’Ivoire approximately 8km west of Randgold Resources’ Tongon mine and 90km southeast of Perseus’s Sissingué mine and covers an area just under 400km2 over the highly prospective Senoufo greenstone belt (Figure 1).
Perseus has undertaken an extensive regional exploration programme across the Mbengué Permit and identified a number of soil anomalies which have had follow-up auger, air core and reverse circulation drilling. Included in the results from this drilling was the discovery hole for the K1 prospect (MKRC079) which had a total mineralised intersection of 69m at 7.8 grams per tonne gold.
The earn-in agreement over the strategically located Mbengué Gold Project provides an opportunity for the Company to rapidly accelerate exploration activities in Côte d’Ivoire.
Manas will commence diamond drilling of the highlly prospective K1 prospect to verify previous drilling results and to develop an understanding of the structural setting.
A number of significant intercepts generated, including hole MKRC079 with 28m at 8.1 g/t Au and 25m at 4.0 g/t Au ending in mineralisation