On site at Semafo’s
Mana gold project in
Burkina Faso
 
Montreal, Canada — MININGREVIEW.COM — 25 March, 2008 – Semafo – a Canadian mining company conducting exploration, development and production activities in West Africa – expects the first gold pour at its Mana project in Burkina Faso to take place before the end of this month.

In a news release issued here the company confirmed that commissioning of the Mana processing plant was progressing according to schedule.

“Ore feed to the mill has been increased progressively with an average of 1 200 tonnes per day having been processed over the past 14 days,” said Semafo executive vice-president and chief operating officer Benoit Desormeaux. “We are pleased to report that the mill is operating on a continuous basis, apart from planned shut downs for start-up adjustments and equipment fine-tuning,” he added.

Gold production will commence using the first of two ball mills to be installed at the plant. “The first will provide a daily throughput of 2 000 tonnes, for an estimated monthly gold production of 4 000 oz,” Desormeaux explained. “The second ball mill – scheduled to enter into service in the third quarter of 2008 – will increase daily throughput to 4 000 tonnes, augmenting monthly gold production to 10 000 ounces. Accordingly, Mana gold production for 2008 is anticipated to be between 60 000 and 70 000 oz,” he estimated.

Given the increased scope of the project resulting from the addition of a second ball mill, engineering work is already underway to increase throughput using both ball mills concurrently. These enhancements are scheduled to be implemented before year-end.

Looking at Semafo’s other exploration, development and production activities in West Africa, the company began producing gold at its Kiniero mine in Guinea in 2002. In Niger, the Samira Hill mine began its operations in October 2004.

The Mana project in Burkina Faso is expected to produce an eventual 125 000 oz pa, thereby enabling Semafo to reach an overall annual production of close to 250 000 oz of gold in West Africa.