- Tirex own100% of Tijirit 2480C2
- Algold own 85% of Tirex
- The government of Mauritania own15 %.
- Algold own 100% of Tijirit East 1117B2
- Société Mauritanienne d’Exploration (“SME”) owns 100% of property.
- Algold owns 90% of SME.
Proximity to the Tasiast Mine
The Kneivissat property is situated in close proximity to a major structure hosting the Tasiast mine of Kinross :
2015 GOLD EQUIVALENT PRODUCTION – 219,045 oz.
2015 PROVEN & PROBABLE RESERVES – 8.2 M oz. @ 1.93 g/t Au
2015 MEASURED & INDICATED – 3.2 M oz. @ 1.33 g/t Au