EXPLORATION TO PRODUCTION: OPTIMIZING THE ALGOLD TIJIRIT PROJECT THROUGH EXPERT GEOLOGICAL SERVICES

Transcription

1 EXPLORATION TO PRODUCTION: OPTIMIZING THE ALGOLD TIJIRIT PROJECT THROUGH EXPERT GEOLOGICAL SERVICES MineAfrica 2018 Marc-Antoine Laporte, M.Sc., P.Geo. Global Project Geologist

2 WHO IS SGS 2

3 SGS MINERALS SERVICES 3

4 MINERALS SERVICES PORTFOLIO EXPLORATION RESOURCE DEVELOPMENT PRE-FEASIBILITY & FEASIBILITY CONSTRUCTION MINE & PRODUCTION TRANSPORTATION INDUSTRIAL USE CLOSURE SERVICES Geochemical Surveys & Analysis Mineralogical Services Metallurgical Testing Acid Rock Drainage Technical Reports for NI & JORC Quality & Quantity Analysis, Sampling & Inspection Ore body Modelling & Reserve Estimation Process Plant Design & Engineering Water Treatment Mine & Plant Services On-Site Laboratories & Mill Support Settlement & Umpire Analysis 4

5 SGS MINERALS SERVICES YOUR GLOBAL PARTNER 5

6 WHO IS SGS GEOSTAT n Since 2009, SGS Geostat is SGS s independent geological and mining consultancy firm and has been operating for over 35 years providing geological and mining consultancy services to the minerals industry. n SGS Geostat is known globally as an expert in providing 3D mineral resource geological modeling and mineral resource / reserve estimation and geostatistical services. n SGS Geostat brings the disciplines of geology, geostatistics, and mining engineering together to provide its clients with accurate and timely mineral project evaluation solutions. n Since 1987, SGS Geostat has completed over 1,000 projects in more than 30 countries. 6

7 CURRENT CONSULTING SERVICES n We have the expertise to assist our clients in the following areas: Exploration services: project management, planning, etc. Geological 3D modeling and mineral resource estimation capabilities within our own in-house GENESIS software including customizable software solutions and database management services. Mining Engineering and Geotechnical Services: e.g. pit optimization, mine design and scheduling, financial analysis, etc. Mine audits (i.e. mineral resources, mineral reserves, mine to plant reconciliation and technical due diligence). Desktop studies and Technical Reports (NI , JORC and SAMREC compliant). Sample Selection for metallurgical tests to ensure deposit representativity. Training and education on themes discussed above. 7

8 CURRENT CONSULTING SERVICES - COMMODITIES n Precious metals (Au, Ag, PGE) n Base metals (Cu, Pb-Zn, Ni) n Iron ore n Rare Earth Elements, Niobium, Tantalum, Lithium n Uranium, Coal n Industrial minerals (bauxite, barite, limestone for cement and lime, salt, sands with titanium bearing minerals etc.) n Diamonds and Coloured Gemstones (emerald, ruby, tourmaline, etc.) n As part of the larger SGS Minerals Group, we can draw upon our massive network of laboratories, metallurgists, process engineers and other professionals to help bring our clients mineral project to the next level. 8

9 CLIENT PROFILE SGS Geostat has an extensive range of clients such as: Private individual investors Exploration companies (public, private) Intermediate major mining and production companies Federal / State provincial governments Mining ministries of developing countries Financial institutions Legal and accountancy firms 9

10 AFRICAN CLIENT LIST - RECENT n Niamaya Gold (Au) - Senegal n Algold Resources (Au) - Mauritania n Managem (Au, Ag) Morocco, Sudan n Newcrest Mining (Au) Côte Ivoire n African Industries Group (Fe, Coal) Nigeria n Eramet (Nb-P, geomet sample selection) - Gabon n Tantalus (REE) Madagascar n ONHYM (various) - Morocco 10

11 AFRICAN CASE STUDY n ALG (TSX-V) listed Canadian junior mining company. n Founded in 2015 n Focus on gold exploration 11

12 TIJIRIT GOLD PROPERTY - FACTSHEET n 30 year mine lease for Tijirit granted in June 2017 n Over 43,000 meters of RC and 7,800meters of DDH completed as of Aug-17) n Measured/Indicated Resources of 169, g/t Au all zones (Feb 26, 2018) n Inferred Resources of 649, g/t Au all zones (Feb 26, 2018) Zone Classification Au (g/t) Tonnage (t) Ounces (Au) Total Sophie/ Lily/Eleonore Measured ,000 11,900 Total Sophie/ Lily/Eleonore Indicated ,841, ,550 Total Sophie/ Lily/Eleonore Measured + Indicated ,217, ,450 Total Sophie/ Lily/Eleonore Inferred ,492, ,790 12

13 WORK CARIED OUT BY GEOSTAT AT TIJIRIT Since 2016, Geostat has completed the following work programs on Algold s Tijirit Gold Project: n Drill program planning services n Geotechnical logging 13

14 WORK CARIED OUT BY SGS GEOSTAT n Site visits for NI compliance Data Validation QA/QC Technical support Local staff training 14

15 WORK CARIED OUT BY SGS GEOSTAT Since 2016, Geostat has completed the following work programs: n Completed a preliminary Prospectivity Targetting Study using our Machine Learning Services N Prospectivity Sophie Sophie 2 Sophie 3 Eleonore n Defining new exploration zones around the main the mains deposits 1,000 m Drillhole/Trench New Targets Lily 15

16 WORK CARIED OUT BY GEOSTAT n Mineral resource estimations carried out in 2016, 2017 and 2018 using our GENESIS mineral resource software 16

17 WORK CARIED OUT BY SGS GEOSTAT n Contributed to the submission of a Mining FS Report to the Ministry of Mines which was submitted as part of obtaining their 30 year Mining Lease for the Tijirit Project 17

18 WORK CARIED OUT BY SGS GEOSTAT Since 2016, Geostat has completed the following work programs: n Assist in the preparation of technical documentation for company presentations and NI report 18

19 SGS MINERALS AFFILIATE / DIVISION SERVICES In association with Geostat s services, Algold has contracted SGS for the following services: n On-site Mobile Sample Preparation Unit (SGS Mali Geochem) n Geochemical Services (SGS Mali) n Metallurgical Testing (SGS Lakefield) Metallurgical Hole T16DD04 on Eleonore 19

20 SGS MALI LABORATORY FACILITY 20

21 SUCCESS STORY n With the various SGS Minerals Divisions working alongside and together with Algold, we have been successful helping them w.r.t. the technical requirements (geology, geochemistry, metallurgy) for advancing their project forward n With our SGS Minerals affiliates, we have been successful in delivering all required analysis, metallurgical tests and mineral resource estimates in a timely manner. 21

22 CURRENT EXAMPLES OF AFFIALITE ACTIVITY n Nigeria (AIG) Geostat with SGS SA for coal met testwork n Mauritania (Algold) Geostat and SGS Mali (geochem) n Ghana Geostat and SGS Ghana on mine audit proposals n South Africa (Bateman + SA Geostat and SGS SA on chromite proposal Geostat and Bateman on Li project in Brazil n SGS HAVE THE NETWORK Affiliate Interaction 22

23 Questions 23