The La Debo project is an advanced gold project in SW Côte d'Ivoire with multimillion ounce potential, a PEA and NI43-101 Mineral Resource on a portion of the property. Goldrange holds a definitive option agreement, signed in December 2021 with a clear path to acquire 100% of the project (excluding Government Free carry). Systematic exploration since 2010 at La Debo has assisted in identifying 9 anomalous target zones which individually span up to 10km in strike. A detailed drilling campaign on 2 of the 9 target areas, collectively known as G3, is scheduled to begin early in 2022 with the goal of upgrading and increasing the existing compliant resource. Additional drilling is planned to evaluate the numerous regional targets.
The PEA study completed on La Debo in 2016 indicates simple metallurgy and good recoveries for La Debo G3N & G3S deposits. Bulk sample gold recovery grades were higher than the those used in the PEA, suggesting the PEA undervalues La Debo Grid 3 grade.
Highlights from the La Debo 2016 PEA:
- Open pit
- Heap leach
- AISC of less than US$700 per ounce
- Oxidized material ~+73%
- CIL recovery ~90%