Strategically the Company has two primary operational jurisdictions. Guyana, South America, and Burkina Faso, West Africa. Similarities between the geological deposition of Gold within the greenstone belts of West Africa and those of the Amazonian Shield are well documented, and given the Company’s expansive technical expertise exploring within these environments the focus has been to continue to evaluate, acquire and expand on holdings in these regions.
KABURI GOLD PROJECT, GUYANA
The Kaburi Project is located 4 kilometres northeast of the currently operating Smarts Mine. The Smarts and Hicks Mines (Karouni Project, 100% Troy) were formerly known as the West Omai deposit, which was discovered in 2011 by Azimuth Mining who delineated 16.7Mt @ 3.1g/t Au for 1.65Moz of gold. Dominic O’Sullivan who is the executive chairman of Tajiri Resources founded Azimuth Mining, which was acquired by Troy Resources in 2014 for US$165M. Recent work by Troy on their Goldstar Prospect, contiguous to Tajiri’s 2013 drill discovery has provided valuable information and exciting new potential at Kaburi.
REO GOLD PROJECT, BURKINA FASO
The Reo Project is of regional scale, covering 1,002 square KM at the confluence of the prolific Houndé and Boromo greenstone belts which are hosts to several substantial gold deposits of including: Karma 3.8Moz, Bissa 6.6Moz, Hounde 4.9Moz and Mana 8.6 Moz (reported inclusive of all P&P reserves and all M,I&I Resources). The Morley Prospect and the K4/K5 Prospects represent advanced stage exploration opportunities having had a total of USD$8 million spent on them to date.