https://www.engineeringnews.co.za

Vital launches scoping study in Burkina Faso

28th April 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – ASX-listed junior Vital Metals has launched a scoping study at its Kollo gold deposit, in Burkina Faso, to evaluate the feasibility of an openpit project.

MD Mark Strizek said on Thursday that the project provided a compelling near-term development and cash flow opportunity for Vital Metals.

“Given its location in a very fertile gold production region, and the broad high-grade intercepts we have returned from the project to date, we believe that Kollo has strong potential to deliver near-term value for Vital Metals and its shareholders.

“We intend to progress this scoping study to a very high level of detail with the aim of bringing the Kollo project into production as soon as possible.”

The scoping study would initially entail a programme of infill and step-out exploration drilling and resource modelling, followed by an evaluation of mining and processing methods, infrastructure, waste handling and environmental requirements.

Vital Metals was hoping to complete the study by the end of August.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.094 0.154s - 156pq - 2rq
Subscribe Now