Amani Gold Limited (ASX:ANL) is targeting exploration at its flagship project, the Giro Gold Project, located within the significant, yet under-explored Moto greenstone belt in the Democratic Republic of Congo (DRC). Amani announced its maiden resource for Giro in 2017 of 45.62Mt @ 1.46g/t Au for 2.14Moz of gold.
The Moto greenstone belt is also home to Randgold and AngloGold Ashanti’s 16Moz Kibali Project, located just 35km east of the Giro project, where production commenced in 2013. In a move to acquire all prospective ground in the area and confirming the favourable mining environment in the region, Randgold holds all tenements between Kibali and Giro.
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Giro Gold Project
The Giro Gold Project comprises of two Exploration Permits covering 497km2 in the Moto Greenstone Belt in North East DRC, in Central Africa.
Demonstrating similar style mineralisation to the producing 16Moz Kibali Mine (Anglo Ashanti / Randgold) which is located just 35km to the East, Amani has commenced a 3,600m reverse circulation drilling campaign following the release of the Giro Maiden Mineral Resource in 2017.
Mofe Creek Iron Ore Project, Liberia
• Grassroots iron ore discovery within a proven iron ore district in Liberia
• 95Mt Exploration target of high-grade friable itabirite within a >500Mt Global Exploration target size
• Maiden Mineral Resource estimate of 61.9Mt at 33% Fe including an Indicated Mineral Resource of 16.2Mt at 35.4% Fe
• Scoping Study confirming 14-year initial mine life with a production target of 2.5 Mtpa