Karita Gold Project

Guinea, West Africa

West Africa Gold

  • West Africa continues to be one of the most prolific gold exploration and production regions worldwide.
  • Alma Gold acquired Karita Gold Corp in February 2021, no prior exploration for gold on the Karita Property
  • Karita Project is 392.1 km2 in size within the Birimian rocks of Guinea, West Africa, just west of the Senegal-Mali Shear Zone (SMSZ).
  • A total of 4 Exploration Permits located immediately adjacent to IAMGOLD’s newly discovered Karita deposit.
  • SW-trending second order structures extending off the SMSZ continue to produce gold mines and new discoveries in Senegal north of Guinea.
  • Geophysical interpretations indicate these structures extend into Guinea.
  • Karita includes local, highly-respected Guinean partner
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Prolific Birimian Greenstones

  • Alma Gold’s management team have extensive experience discovering and exploring major gold deposits within the Birimian-aged greenstone rocks and SMSZ in West Africa.
  • Successful discoveries utilize a program of termite mound sampling, followed by air core (AC) or rotary air-blast (RAB) drilling, and RC or diamond drilling.
  • Reconnaissance prospecting program completed by Alma Gold has identified Birimian rocks.
  • Alma Gold’s local exploration team (Touba Mining) has completed a large termite sampling program over the permits with a total of 4,505 samples collected.
  • Termite mound results will be used to identify any gold anomalies to then be confirmed with AC drilling.
  • Alma Gold’s management team have extensive experience discovering and exploring major gold deposits within the Birimian-aged greenstone rocks and SMSZ in West Africa.
  • Successful discoveries utilize a program of termite mound sampling, followed by air core (AC) or rotary air-blast (RAB) drilling, and diamond drilling.
  • Reconnaissance prospecting program completed by Alma Gold has identified Birimian rocks and artisanal gold workings.
  • Alma Gold’s local exploration team (Touba Mining) has completed a large termite sampling program over the permits with a total of 4,357 samples collected & assay results are expected shortly.
  • Termite mound results should identify any gold anomalies to then be confirmed with AC drilling
  • Alma Gold’s management team have extensive experience discovering and exploring major gold deposits within the Birimian-aged greenstone rocks and SMSZ in West Africa.
  • Successful discoveries utilize a program of termite mound sampling, followed by air core (AC) or rotary air-blast (RAB) drilling, and RC or diamond drilling.
  • Reconnaissance prospecting program completed by Alma Gold has identified Birimian rocks.
  • Alma Gold’s local exploration team (Touba Mining) has completed a large termite sampling program over the permits with a total of 4,505 samples collected.
  • Termite mound results will be used to identify any gold anomalies to then be confirmed with AC drilling.
Click Image to Enlarge

Adjacent Gold Deposits

  • In October 2019, IAMGOLD announced a new gold discovery on their Karita permit based on 16 RC drill holes. Karita is contiguous with Alma Gold’s Karita permit area and along trend to Boto (Senegal) and Diakha-Siribaya (Mali) gold deposits. 
  • Selected RC drill intersections along a 1.6km anomalous strike length include (not true width):

    KRC19-001: 13 m at 2.90 g/t Au.

    KRC19-006: 29 m at 2.96 g/t Au.

    KRC19-009: 16 m at 3.17 g/t Au.

    KRC19-010: 22 m at 2.27 g/t Au.

    KRC19-011: 21 m at 9.01 g/t Au.

     

  • Oriole Resources PLC’s Senala Project is located 3.4 km north of Karita permit area in Senegal and includes adjacent Madina Bafé target which returned 9.6 m @ 16.08 g/t Au from diamond drill hole MMDD-002. (source: Oriole Resources website)
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Exploration Plans

Initial mapping/prospecting program

(Ongoing)

Designed to map showings/artisanal workings
on strike of known gold bearing structures projected
from the north.

Regional Termite Sampling Program

(Completed in 2021, awaiting assay results)

Designed similarly to initial sampling programs utilized in
Mali to identify geochemical anomalies for immediate drill
testing.

Maiden air core drilling program on Karita Project

(Subsequent to follow-up financing)

If termite mound results detect continuity of geochemical anomalies and potential gold endowment, would then follow-up with an air core drilling program.

Technical Report

Download the NI 43-101 Technical Report for the Karita Gold Project

Corporate Presentation

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