About Ouagadougou water storage power station
The Sanbrado gold project lies approximately 90km from Ouagadougou, the capital of Burkina Faso and extends in more than 116km² area. It lies on the northeast-trending volcano-sedimentary belt surrounded by the Tiébélé-Dori-Markoye fault. The gold deposit is associated with the Lower Proterozoic system of the.
The probable ore reserves of Sanbrado gold project are estimated to be 21.6Mt, grading 2.4g/t Au, as of April 2019. It is estimated to contain 1.7 million ounces (Moz) of gold.
The processing plant, being developed to the south-east of the M5 pit, is designed to have a throughput capacity of 2.2Mtpa. The mined ore will be stockpiled on the run-of-mine (ROM) pad before being fed to the primary crusher by a.
Conventional underground mining will be applied for the first six years, followed by open-pit mining for the rest of the mine life. Long hole open stoping method, involving conventional two boom jumbos, will be used to extract the.
A finance facility of $200m was secured with Taurus Funds Management for the development of the project in 2018, of which the first draw down.
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