Image module
The Mbengué Gold Project (MGP)

The MGP consist of two contiguous permits covering ~647km2 of the highly prospective Senoufo greenstone belt of northern Côte d’Ivoire, in close proximity to some of the region’s largest mines. It is 6km north of Barrick’s Tongon mine (~4.5Moz Au), ~27km SE of Terranga’s Wahgnion mine (~2.7Moz Au), 40km southeast of Perseus Mining Limited’s (ASX: PRU “Perseus”) Sissingué mine (~1Moz Au) and 45km southeast of Resolute Mining Limited’s (ASX: RSG) world-class Syama mine (11.5 Moz Au).

Manas owns 100% of the Dielle permit (PR0857) and has an earn-in agreement for up to 70% ownership in the Mbengué permit, which is held by Occidental Gold SARL, a 100% owned subsidiary of Perseus Mining Limited.

The Eburnea Gold Project (EGP)

The EGP is located in central-northeast Côte d’Ivoire, 30km northwest of the city of Bouaké and approximately 290km north of Abidjan.

Permit PR575, “Bouake North”, is located in the highly prospective Oume-Fetekro greenstone belt of central Côte d’Ivoire. It covers 385km2 and was granted in February 2020 and is initially valid for 4 years. The permit is close to the regional town of Bouake and is approximately 20km south of the Fetekro project of Endeavour Mining Corp., which hosts gold resources > 1.2Moz grading 2.5g/t Au.

Manas has an 80% interest in PR575, and may earn up to 90%, subject to sole funding exploration expenditure and meeting minimum annual expenditure commitments from local partner Eburnea Gold Resources SARL.  The commercial terms for Manas’s project interest are documented in the Company’s ASX release dated 23rd January 2018.

Regional exploration activities are planned to begin before the wet season starts in July 2020 to identify sizeable drill targets.

Image module
Image module
The Tortiya Gold Project (TGP)

The TGP is an early-stage project consisting of two, 100%-owned, contiguous permit applications covering over 780km2.  The TGP includes a large (>40km strike length) magnetic anomaly defining a crustal-scale sinusoidal shear zone cutting Birimian Supergroup country rocks. Such major shear zones are conduits for hydrothermal fluid focus in the shears and surrounding rocks and are often associated with major gold deposits of the Birimian of West Africa, – e.g. the granitoid-hosted Ahafo mine in neighbouring Ghana (~13Moz Au) operated by Newmont Mining.

Image module