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52 www.resourceworld.com J U N E / J U L Y 2 0 1 7 MINING at the Niangouela gold concession, one of two gold development projects that the company is focusing on in the country. The other is the Bouboulou concession, which also located on the same greenstone belt. In addition to the main quartz vein-shear system tested to date, the company has identified an additional five zones of vein- ing and shearing at Niangouela, where it has been working to conclude a 2,000-metre program to test for down-dip and strike extensions of gold mineralization identified in earlier drilling. It expects to complete something like 4,000 metres this year. This June, the company plans to begin drilling at the Bouboulou concession where four zones of gold mineralization have previously been identified. Roxgold Inc.'s [ROXG-TSX; ROGFF- OTC] key asset is the high-grade Yaramoko gold mine, which is located in the prov- ince of Bale in southwestern Burkina Faso, about 200 km southwest of Ouagadougou. Yaramoko lies directly south of, and is contiguous to, the SEMAFO Inc. property hosting the flagship Mana gold mine, and lies within the Houndé greenstone belt. The company declared commercial production in October 1, 2016 and expects to produce up to 115,000 ounces gold this year. After completing a feasibility study in 2014, Roxgold is advancing a significant high-grade gold discovery at Yaramoko's 55 Zone, which is expected to produce 652,000 ounces over the next seven years at a life-of-mine average of 11.5 g/t gold. Roxgold has also outlined an inferred resource of 220,000 ounces gold in the Bagassi South Zone, a satellite discovery, located 1.8 km south of Zone 55. Roxgold has indicated that Bagassi could be pro- ducing its first ore by the third quarter of 2018. Sarama Resources Ltd. [SWA-TSXV] has recorded significant exploration success in Burkina Faso where it has interests in 1,750 km 2 in the country's most prospective gold belt. Highlights include the definition of 2.1 million ounces of gold at the South Houndé Project and 670,000 ounces at the neighbouring Karankasso joint venture. The company and its partners are cur- rently advancing both projects. The Bondi deposit has 300,000 ounces gold in the mea- sured and indicated category and a further 100,000 in the inferred category. The three advanced gold projects are situated within trucking distance of one another, presenting several development opportunities, including a multi-source central processing facility. Sarama has several other active exploration projects in neighbouring geological belts that are highly prospective and known to host sig- nificant gold mineralization. Semafo Inc. [SMF-TSX; Sweden] oper- ates the Mana Mine, which ranks as the third largest gold mine in Burkina Faso, and includes the high-grade Siou satel- lite deposit. Mana is expected to produce between 190,000 to 205,000 ounces of gold this year. The company is targeting a pro- duction start-up at the Boungou Mine (also located in Burkina Faso) in the second half of 2018. Thor Explorations Ltd.'s [THX-TSXV] flagship project is the Segilola gold project, which is located in Nigeria. However, it has a 100% interest in the Ouere, Bongui and Legue gold permits located on the Houndé greenstone belt, southwest Burkina Faso. They are being advanced through agreement with Acacia Mining PLC, which can earn up to an 80% stake in the project upon declaration of a Pre-Feasibility Study. n www.resourceworld.com