PROSPECTION FOR GOLD IN GUINEA CONAKRY – PHOENIX PRECIOUS METALS

PROSPECTION FOR GOLD IN GUINEA CONAKRY – PHOENIX PRECIOUS METALS

We began our journey in December 2016 in Guinea Conakry, our exploration team spent 3 weeks with the well-known geologist Norman Bailie*.

We started in the region of Mandiana and Siguiri, selecting the prospect area and sampling the streams for indicators of gold-bearing minerals. Once something was found, more detailed sampling followed to try and narrow down the source upstream.

The rock types and mineral traces are analyzed. Then remote sensing technologies are applied to try and understand the underlying geology. Finally, after coordinating all the results and selection of targets, drilling is initiated.

(*) Mr. Norman Bailie is Group Exploration Manager of Centamin Plc since January 2017. Mr. Bailie joined Centamin Plc in January 2017. He has over 25 years’ industry experience in providing exploration and resource consultancy to all levels of exploration and mining companies in West, East and Central Africa and South America. He is an accredited Chartered Professional Geologist and Manager through the Geol Soc UK and AusIMM, and a fellow of IOM3 UK and SEG USA as well as a competent person under JORC/ 43-101 criteria.