Kilimapesa Gold - Kenya

Kilimapesa is a producing gold mine located in South Western Kenya. The mine is located in the historically productive Migori Archaean Greenstone Belt and has a total resource of 8,715,291 tonnes at 2.40 g/t of gold for a total of 671,446 ounces of gold at 1 g/t.

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FY 2017

  • 2,005oz gold produced FY 2016 (FY 2015: 2,278oz)
  • 1,999oz gold sold (FY 2015: 2,073oz)

The Company is focussed on increasing production at the mine through a new processing plant and tailings deposition facility. The new plant was commissioned in February 2017 at a site in close proximity to the Kilimapesa Hill underground mine and has a designed capacity of 200 tonnes per day. The plant has been uniquely designed to maximise production volumes by incorporating a crusher circuit, mills, a thickener, leach tanks, the existing elution plant as well as a tailings deposition facility.

To support the increased processing capacity, underground workings at Kilimapesa Hill are being prepared to maintain plant throughput at the new plant once fully commissioned.

Alongside this, talks with potential investors or joint venture partners continue, primarily with the aim of procuring additional resources within the region and undertaking exploration drilling to increase the resource on Kilimapesa's exploration permit.

Kilimapesa has a current mineral resource of 8,715,291 tonnes at 2.40 g/t Au for 671,446 oz Au at a cut-off of 1 g/t. This comprises the Kilimapesa Hill and the Red Ray deposits, both of which are proximal to the processing plant.

RED RAY (1 g/t cut-off)*
Resource Classification Within Veins and Host
Tonnes Au Grade g/t Contained Au Oz
Measured 514,678 2.92 48,319
Indicated 362,250 2.65 30,875
Total 876,929 2.69 79,194
 
Inferred 1,028,363 1.83 60,621
Total 1,905,291 2.28 139,185

Kilimapesa Hill (1 g/t cut-off)*
Resource Classification Within Veins and Host
Tonnes Au Grade g/t Contained Au Oz
Measured 112,000 3.65 13,143
Indicated 975,000 2.95 92,315
Total 1,087,000 3.02 105,458
 
Inferred 5,723,000 2.32 426,173
Total 6,810,000 2.43 531,631

Kilimapesa Gold Mine Total Resource
(1 g/t cut-off)*
Resource Classification Within Veins and Host
Tonnes Au Grade g/t Contained Au Oz
Measured 626,678 3.05 61,462
Indicated 1,337,250 2.86 123,190
Total 1,963,928 2.92 184,652
Inferred 6,751,363 2.24 486,794
Total 8,715,291 2.40 671,446

*See the announcement dated 12 December 2012 for further information