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Semafo Inc. T.SMF

Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Afr


TSX:SMF - Post by User

Bullboard Posts
Post by TOCATon May 13, 2011 11:11am
6859 Views
Post# 18572290

Great News on New Reserves

Great News on New ReservesThis is on the existing Wona pit so does this mean we go to a 30 year mine life or is there another expansion.
8000 tpd should get us to 250,000 oz per year with reserve, resources and inferred at Wona of 5,960,000 oz already how many new oz are being added. Some of these oz may be at Nayfe, Fobiri and Fofina. I think Yoho is key, if there is 2,000,000 oz there we have another mine and SEMAFO will be a 500,000 oz producer.
Bullboard Posts