The asset evaluation program was undertaken with the objective of Preliminary & High-Level evaluation of prospective bauxite deposit scouting in various regions of Western Guinea; the region is globally renowned for largest economically exploitable deposit of bauxite. In all, 04 assets were investigated that included assets near Sangaredi town, in proximity of Compagnie des bauxites de Guinée (CBG) mines, the world’s largest bauxite mining company; Boke, Fria and Batafong. The concessions extended between 130 & 480 sq km. The bauxitic pay zone in these deposits were estimated at about 6 meters with a grade of 40% to 45% Al2O3.
With this preliminary investigation and analysis of satellite & topographic data, approximate resource areas were identified and tentative resources in each block were estimated totalling to about 2000 MT. Further recommendations for exploration along with a prospective exploration plan were submitted to the client. The study helped client to get an overview of the resource potential in each block helping the management to prioritise acquisition of the assets. One of the assets near Fria is currently under exploitation.