Bouro-Mandala diamond project, Guinea
Name of the project and location
Bouro-Mandala diamond project, Guinea.
Project description
SearchGold Resources and Mano River Resources have signed a joint-venture (JV) agreement to establish a commercial diamond mine exploiting the very high-grade Bouro kimberlite dykes of Mano, and the high-grade Mandala alluvial-diamond deposits of SearchGold.
The JV’s objectives are to accelerate the development of the project, and resume mining activities through the installation of a dense media-separation diamond-treatment plant, with the capacity to treat both alluvial and the bulk samples from the kimberlites.
Systematic exploration of the Ouria permit is intended to increase the known resources.
Value
For the first-year programme, a budget of $3-million has been assigned to the project.
Duration
Not stated.
Breakdown of main contracts
Not stated.
Client
SearchGold Resources and Mano River Resources.
Latest developments
Engineering work has started on the design of a state-of-the-art plant, capable of processing both alluvial and kimberlitic samples. Quotations for the various pieces of equipment have been obtained, and a final budget for the proposed plant is being finalised.
Participants
None stated.
On budget and on time?
Not stated.
Contact details for project information
SearchGold Resources, tel +1 514 866 4224 or email info@searchgold.ca.
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