Birimian Gold and Randgold - Morila, S Mali - Dec 2013
In December 2013, Andrew Jackson visited Randgold's Morila mine in southern Mali and the surrounding licenses that belong to Birimian Gold, an Australian junior explorer. Morila's open pit is almost exhausted and Birimian is exploring the surrounding licenses for satellite deposits, with the strategy of selling them to Randgold, to stave off the closing of the Morila hard rock mill circuit. Randgold is supporting Birimian's efforts with data and some logistics. Birimian has defined one resource so far; it is small, but the economic threshhold for a 'minex' type project like this is far lower than for a stand-alone.
Click on the thmbnails to see a larger picture and captions.
The foregoing discussions are a result of site visits and are not to be construed as a recommendation, an endorsement or as investment advice. Sprott Global Resource Investments Ltd, entities that it controls, family, friends, employees, associates, and others may hold positions in these securities, may recommend them to clients, and may sell the same at any time.