Bakoudou:"...
Reminex, Managem’s engineering subsidiary, is advancing the feasibility study and final
results are expected in early 2008. An updated resource calculation should also be
provided at that point.
Exploration is also progressing well at the regional level and should lead to the
identification of additional mineralized areas."
Mandiana:"
In order to follow-up on this recent surface work and in preparation for the next phase,
SearchGold has contracted terratec Geophysical Services to conduct a compilation of
geophysical airborne data over the Mandiana area and, more specifically, to execute
ground geophysics on N’Diambaye and Fadaninda. On these two targets Gradient Array
will be performed while HIRIP profiles will be executed in addition on N’Diambaye. Both
types of surveys are based on the principles of induced polarization and have been
successfully applied by terratec on other gold targets in the birimian shield. Mobilization
of the instruments and the crew is under way
and the line preparation work by the
SearchGold team in the field is nearly completed."
