The area has over 50km of highly prospective Abujar fault/shear structures, which are key to the region’s gold prospectivity.
Located 60 to 140 kilometers northeast of the 3.8-million-ounce Abujar gold mine, the permits cover approximately 950 square kilometers within the Birimian greenstone belt. This region features over 50 kilometers of prospective Abujar fault and shear structures, which enhance its potential for gold deposits. The permits align with the same geological trend as the Abujar gold mine, increasing their exploration value.
The Vavoua permit has been approved by the Interministerial Committee and is expected to be formally granted soon. MetalsGrove’s managing director and CEO, Lijun Yang, stated: “Supported by a favourable geological setting, encouraging anomalous gold results from adjacent projects, and robust structural data from aeromagnetic surveys, we believe the region holds strong potential for significant gold discoveries. Subject to final permitting, we are poised to launch our initial exploration program without delay.”
Exploration prospects are bolstered by findings from nearby areas, where auger and soil lag sampling have revealed signs of gold mineralization extending into the acquired permits. Additionally, artisanal mining activities within the permit boundaries indicate the presence of near-surface gold deposits, further supporting the area’s potential.
The acquisition positions MetalsGrove to advance its exploration efforts in a region known for its geological promise. With the permits’ strategic location and favorable geological data, the company aims to initiate its exploration program promptly upon final permit approval, contributing to the development of Côte d’Ivoire’s gold mining sector.
