Licences Overview
  • Infered Resources of 602,000 oz @ 2.29 g/t Au. For Tijirit.
  • Including
    • 357,920 oz @ 4.18 g/t Au for Eleonore at 1.5 g/t cut off
    • 244,210 oz @ 1.37 g/t Au  for Sophie
    • Lily at 0.45 g/t Au cut off in pits and 1.45 g/t  Au under pits
    • 43,430 oz  @ 1.04 M+Ind at Sophie Lily.
Tijiti 2480C2 Exploitation License
  • Tirex own100% of Tijirit 2480C2
  • Algold own 85% of Tirex
  • The government of Mauritania own15 %.
Tijirit East 1117B2 Exploration License
  • Algold own 100% of Tijirit East 1117B2
Kneivissat
  • Société Mauritanienne d’Exploration (“SME”) owns 100% of property.
  • Algold owns 90% of SME.

Property Overview

  • Australian, Brazilian, Canadian, Russian and South African Greenstone Belts host numerous gold and base metal deposits (>150M oz Au in the Abitibi belt).
  • In Mauritania, only one deposit (Tasiast >15M oz Au) has been discovered so far in the Aouéouat Greenstone Belt.

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