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Konongo

Full name:
Konongo
Mwana interest:
Mwana owns 70% in a joint venture with Talos Ghana Limited.
Geology and history:
Mwana’s Konongo property (Mining Licence) covers 125 sq km and is situated at the north-eastern extent of the Ashanti Gold Belt in central Ghana. Konongo covers an area that has been the site of mining activity since the 1930s. Total production before the closure of operations was 1.65Moz at an average grade of 15.7g/t.
Current status and prospects:
A recently completed resource evaluation for the Obenemase Sulphide deposit has outlined a JORC compliant resource of 243 000 ounces of gold in the Indicated and Inferred categories. A re-evaluation of all exploration data for the mining- and exploration areas (i.e. including the adjacent 67 sq km Kurofa concession) has identified several conceptual structural targets for small satellite deposits.
Geological maps:

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