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1 2 This slide depicts Damangs geology and provide a map of the - PDF document

Mar 23, 2024 •335 likes •543 views

Note: None of the results stated here have undergone any top cutting of high grades. 1 2 This slide depicts Damangs geology and provide a map of the various pits that are currently being exploited as well as the exploration potential. 3

  1. Note: None of the results stated here have undergone any top ‐ cutting of high grades. 1

  2. 2

  3. This slide depicts Damang’s geology and provide a map of the various pits that are currently being exploited as well as the exploration potential. 3

  4. The key project areas include, among others, the Juno and Huni pits as well as the Amoanda/Tomento corridor. 4

  5. Green shaded boxes represent early stage (Green fields projects) 5

  6. There is potential to increase the reserves at Damang at the next declaration and increase the life of mine to 15 years. The table above depicts the exploration plan up to F2014.

  7. This slide depicts the exploration focus during F2010. The SPOT Satellite Image was taken in December 2007. 7

  8. North – South Long section of the Resource Model. Asbuilt = Damang Pit as it currently is. The Damang Pit is the principle source of ore to Damang. By doing additional drilling we’ve determined that the pit extend both north and south, and it’s likely that it can be taken from a 1km strike pit up to about 3.5km. More importantly, the higher grade, harder material will feed the newly commissioned secondary crusher at Damang. As a result of the higher grade, increased production is expected at Damang. An opportunity has also been identified at the Amoanda/Tomento pits and drilling activity in the area continues. 8

  9. Compilation of the best results from Huni Gap Phases 1 and 2 9

  10. Compilation of the best results from Juno Phase 1 Damang Pit Cut Back – Pictured in the background. 10

  11. Drilling activity conducted or in the process of being conducted in the Greater Amoanda area during F2010. 11

  12. Compilation of best results from the Greater Amoanda Project. No top cutting of high grades conducted. 12

  13. Compilation of best results from the Tomento Project as well as visible gold from drilling at Amoanda North. Drilling in the Amoanda pit is in progress in order to assess the expansion potential. 13

  14. This slide illustrates the various strategic drivers that will guide the target of increasing Damang’s life of mine to 2025 through exploration. 14

  15. The Damang Super Pit Project, comprising the core Huni, DPCB and Juno areas as well as Huni North and Tamang, Kwesie North and South which present genuine opportunities to extend the strike length of the pit from 3.4kms to in excess of 4kms 15

  16. Pillar of Justice – Opportunity to break the DPCB into the Juno pit to form one contiguous pit as well as add additional ounces. 16

  17. Aerial shot of the DPCB, including the Pillar of Justice area (looking west). Most assays results are still pending. 17

  18. Planned drilling activities in the Super Pit area for F2011. 18

  19. Rex is a Hydrothermal ore body. This is a new concept to try and improve the estimation of Reserves within a known pit shell. By closing up the Resource drill spacing from 40m x 20m to 20m x 20m. The table shows the difference between the Resource Drilling and the Grade Control Drilling and the potential to add more ounces. The 1 st phase of drilling is being carried out at the moment and 2 nd phase is due to start in July. As well as adding ounces to the Reserve base, the additional data, will allow Damang to better define waste volumes and waste dumping requirement as well as other infrastructure that needs to be planned around the pit (Lay down areas, Ore Stockpiles, Rest and Dining facilities) 19

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