The Youga and Balogo Gold Mines were acquired from Avesoro Jersey in December 2017.
The Youga and Balogo Gold Mines are located in the province of Boulgou in Burkina Faso. Youga is located approximately 180km south east of the capital of Ouagadougou, adjacent to the Ghanaian border. The Youga licence contains Reserves comprised of seven open pit deposits and well as a 1.1Mtpa CIL processing facility.
The Ouaré deposit is located 44km to the east of the Youga Gold Mine, whilst the Balogo Gold Mine is located 154km to the west. Combined, the operations have a current mine life running to 2025.
The Youga Property consists of one Exploitation Permit (Youga), and two Exploration Permits (Songo and Zerbogo II). The Ouaré Project is comprised of four Exploration Permits (Bitou 2, Bitou Sud, Bitou Nord and Bitou Est). The Youga Exploitation Permit covers an area of 29 km2 , and was granted on 8 April 2003 and is valid for 20 years with five-year renewal periods. The Balogo Project is covered by two contiguous Exploration Permits (Balogo and Dabinyan III)
The processing plant at Youga consists of three-stage crushing and a single ball milling circuit followed by gravity, cyanide leaching and a five-stage CIL circuit and electrowinning to produce dore bars; nameplate capacity is 1.1Mtpa. Power is supplied primarily via the
Ghanaian grid with back up diesel generators availble on site.