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Liguidi Project

Summary:

Liguidi is an exciting tenement that has been interpreted as being located on similar rock types and structural settings to the Bombore (3.4 Moz Au) and Kiaka (4.2 Moz Au) deposits.

The Liguidi tenement is located

    - 20km SE of Orezone's 3.4 Moz Au Bombore deposit
    - 40km NE of Volta’s 4.2 Moz Au Kiaka deposit
    - Adjacent to Riverstone's Ligidi-Malguem project - in the early stages of outlining a resource at their Three Hills Prospect.

Location:

The tenement is approximately 110 km ESE (in a straight line) from Ouagadougou, and covers an area of 245.93 km2.

Liguidi is accessed by the N4 tarmac road from Ouagadougou to Koupéla, then the N16 tarmac south to Tenkodogo, followed by the N17 tarmac east to Garngo and then north on dirt roads to the tenement area. The total travel distance from Ouagadougou to the tenement area is approximately 220km. On the tenement itself, access is generally good on a series of north south dirt tracks.

Geology:

The Liguidi tenement is underlain by Birimian rocks surrounded by older granites, leucogranites and granodiorites and are prospective for gold associated with Birimian volcano sedimentary rocks, schists and mafic rocks.

The tenement can be explored relatively cheaply as the basement is only covered by a shallow weathering and laterite profile (0 to <2m depth).

A zone of sporadic artisanal workings extends over a distance of 8 km in the north western part of the tenement area.

Aperio believes there is a strong possibility for lower grade gold mineralisation haloes surrounding the higher grade veins. The lower grade haloes are not usually of sufficiently high grade to interest artisanal miners, and may greatly enhance the financial prospectivity of the Project if of sufficient magnitude.

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Boussoum Project

Summary:

Boussoum is a highly prospective tenement located on the eastern south going limb of the folded Boromo-Goren Greenstone belt. Further to the north west of the permit, the greenstone belt swings to an east-west strike, and is host to High River Gold’s Bissa Hill deposit (>1.2 Moz Au).

Location:

The Boussoum tenement covers an area of 244.91 Km2 and located approximately 75 kilometres north-east of Ouagadougou in the Sanmatenga province and is accessed by the R2 tarmac road that runs northeast from Ouagadougou to Korsimoro and then north straight up the middle of the western arm of the tenement.

Geology:

The Boussoum tenement is on the south eastern going limb of the folded Boromo-Goren Greenstone belt.

Much of the Boussoum area is under cover of transported and in situ laterites that have potential for possible subsurface ore-bodies.

The tenement contains multiple historical and current artisanal mining. There is additional artisan mining activity on the basalt units located to the north west of the Boussoum tenement. These basalt units are believed to extend into the tenement area, but are mostly covered by laterite. Artisans have reported fine, low grade gold in river gravels and sediments and abundant evidence of small scale scratching in several creek beds in the south region of the permit.

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BOARD

Brad Marwood
Chairman

Mr Marwood graduated in mining engineering 25 years ago and during this time has conducted extensive mining operations in both Africa and Australasia. Over the past 15 years, he has held both executive and non-executive positions with responsibilities for operational management to corporate governance.

As Managing Director of Tiger Resources Limited, Mr Marwood has recently guided the company from explorer, through to developer, and to operator and brings with him this invaluable experience operating in Africa.

 
Andy Lim
Executive Director

Mr Lim first travelled to Burkina Faso in 2008 and has since developed a strong passion and understanding for mining exploration activities in the country as well as establishing several key relationships with mining operators during this time.

In the last 3 years, Mr Lim has built a highly experienced technical and corporate team that is capable of assisting him to guide an exploration company to producer status.

Apart from having over 15 years’ experience in financial markets, corporate advisory services and strong connections in Asia, Mr Lim is also a Chartered Accountant with the Institute of Chartered Accountants Australia and a director of Andean Securities Pty Ltd.
 

Glenn Featherby
Non-Executive Director

Mr Featherby has over 20 years’ experience in corporate advisory services and has been involved extensively in the resources sector. Mr Featherby worked with KPMG in Perth and London before establishing his own accounting practice in 1997.

Mr Featherby is currently non-executive Chairman of Forte Energy NL, an ASX listed exploration company with interests in Mauritania and Guinea.

Mr Featherby was previously finance director of AIM-listed Regal Petroleum Plc and non-executive director of Canadian and AIM-listed European Goldfields Limited.


John Arndell
Non-Executive Director

Mr Arndell is a Chartered Accountant with over 30 years’ experience working as a consultant to both public and private companies dealing with strategic planning and deal negotiations in both Australia and internationally.

Mr Arndell has been a partner in several chartered accounting firms and is currently a non-executive director of ASX-listed Eneabba Gas Ltd.

 

MANAGEMENT

Laurent Coulibaly
Exploration Manager

Mr Coulibaly graduated in geology from the University of Ouagadougou in 1994 and holds a Masters of Science (Mineral Exploration) from Queen’s University, Canada. Mr Coulibaly has in excess of 15 years’ experience mineral exploration with major and junior companies in Burkina Faso, West Africa.

Prior to spending the last 6 years with Orezone Gold Corporation, Mr Coulibaly served in technical positions with Resolute West Africa and Tecsult International.

Mr Coulibaly has been responsible for overseeing the acquisition of several exploration tenements in Burkina Faso that have since proven to host multi-million ounce gold deposits.


Sebastien Sanon
Administration & Finance Manager

Mr Sanon holds a Masters degree in project management from the University of Dunkerque, France as well as audit and management qualifications from Colbert Institute in France.

Over the last 8 years, Mr Sanon was Chief Financial Officer of the Economic and Social Council of Burkina Faso, which included working with several diversified mining and exploration companies operating in West Africa.

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