Avesoro Resources Inc.

ASO on TSXToday's ChangeVolume52 Week Range (Low/Hi)Market Cap
4.51CAN -0.04/-0.88%1002.50 / 5.99367.90 M

Contact Information

Avesoro Resources Inc.

Headquarters:
5 Old Bailey, 1st Floor,
London,
UK, EC4M 7B4
Tel: +44 (0) 20 3405 9160
Fax: +44 (0) 20 3874 4751
Email: Send a message
Website: Visit website
For more information...
Lead: Robert Thaemlitz

Avesoro Resources is a West Africa focused gold producer and development company that operates three gold mines across West Africa and is listed on the Toronto Stock Exchange (“TSX”) and the AIM market operated by the London Stock Exchange (“AIM”). The Company’s assets include the New Liberty Gold Mine in Liberia (the “New Liberty Gold Mine” or “New Liberty”) and the Youga and Balogo Gold mines in Burkina Faso (“Youga” and “Balogo”).

New Liberty has an estimated proven and probable (P&P) reserve of 7.4Mt with 717,000 ounces of gold grading 3.0g/t and an estimated measured and mineral (M&I) resource of 9.6Mt with 985,000 ounces of gold grading 3.2g/t and an estimated inferred mineral resource of 6.4Mt with 620,000 ounces of gold grading 3.0g/t. Ndablama, 40km NE of New Liberty, has an estimated indicated resource of 7.6Mt with 386,000 ounces of gold grading 1.6 g/t and inferred resource of 9.6Mt with 515,000 ounces of gold grading 1.7 g/t. Weaju, 30km NE of New Liberty, has an inferred mineral resource of 2.7Mt with178,000 ounces of gold grading 2.1 g/t.

Youga and Balogo have a combined estimated (P&P) reserve of 9.3Mt with 513,000 ounces of gold grading 1.7g/t and a combined estimated indicated mineral resource of 16.05Mt with 801,600 ounces of gold grading 1.55g/t and a combined inferred mineral resource of 13Mt with 655,000 ounces of gold grading 1.57g/t.

Serhan Umurhan - Chief Executive Officer

Geoff Eyre - Chief Financial Officer

Mehmet Nazif Gűnal - Non-Executive Chairman

Serhan Umurhan - Director

Geoff Eyre - Director

David Netherway - Director

Jean-Guy Martin - Director

Loudon Owen - Director

Stock Information

Company Overview

Avesoro Resources is a West Africa focused gold producer and development company that operates three gold mines across West Africa and is listed on the Toronto Stock Exchange (“TSX”) and the AIM market operated by the London Stock Exchange (“AIM”). The Company’s assets include the New Liberty Gold Mine in Liberia (the “New Liberty Gold Mine” or “New Liberty”) and the Youga and Balogo Gold mines in Burkina Faso (“Youga” and “Balogo”).

New Liberty has an estimated proven and probable (P&P) reserve of 7.4Mt with 717,000 ounces of gold grading 3.0g/t and an estimated measured and mineral (M&I) resource of 9.6Mt with 985,000 ounces of gold grading 3.2g/t and an estimated inferred mineral resource of 6.4Mt with 620,000 ounces of gold grading 3.0g/t. Ndablama, 40km NE of New Liberty, has an estimated indicated resource of 7.6Mt with 386,000 ounces of gold grading 1.6 g/t and inferred resource of 9.6Mt with 515,000 ounces of gold grading 1.7 g/t. Weaju, 30km NE of New Liberty, has an inferred mineral resource of 2.7Mt with178,000 ounces of gold grading 2.1 g/t.

Youga and Balogo have a combined estimated (P&P) reserve of 9.3Mt with 513,000 ounces of gold grading 1.7g/t and a combined estimated indicated mineral resource of 16.05Mt with 801,600 ounces of gold grading 1.55g/t and a combined inferred mineral resource of 13Mt with 655,000 ounces of gold grading 1.57g/t.

Management

Serhan Umurhan - Chief Executive Officer

Geoff Eyre - Chief Financial Officer

Board of Directors

Mehmet Nazif Gűnal - Non-Executive Chairman

Serhan Umurhan - Director

Geoff Eyre - Director

David Netherway - Director

Jean-Guy Martin - Director

Loudon Owen - Director

Contact Information

Headquarters:
5 Old Bailey, 1st Floor,
London,
EC4M 7B4, UK
Telephone: +44 (0) 20 3405 9160
Fax: +44 (0) 20 3874 4751
Email: Send a message
Website: Visit website