Perseus acquired Yaouré when it merged with Amara Mining plc in April 2016. Since then, the company has completed an extensive programme of confirmatory drilling and test work and prepared a definitive feasibility study (DFS).
Initially, lower grade oxide ore mainly from decommissioned heap leach pads will be processed in the Yaouré plant pending access to higher grade fresh ore from the CMA pit. During the first five years of the Yaouré mine life, Perseus forecasts annual gold production averaging around 215,000 ounces at a weighted average all in site cost of (AISC) of approximately $750 per ounce.
With the development and commissioning of Yaouré, Perseus will own and operate three gold mines (Edikan, Sissingué and Yaouré) in two West African countries (Ghana and Côte d’Ivoire).
“Company is on track to increase annual gold production to at least 500,000oz by FY2022”, Perseus said in a press release.