Organisation Karbasso Exploration Permit
Alternate Name Karbasso research licence
Abbreviation  
Parent Karbasso JV SARL
u.r.l. http://www.cluffgold.com/
email  
Country Mali
Location Karbasso Mining Project
Address  
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Management u.r.l.  
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Sector Prospecting & Exploration - General
Organisation Type African Private Sector
Status  
Stated Role Karbasso research licence covers 200 km2. If the licence is converted into an exploitation permit, Cluff Gold will remain with an 80% interest in the project.<P>
Activities  
Geographical Focus  
Notes Presentation of the Karbasso Project
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Key points:
• Joint-Venture signed in September 2005
• Located in Southern Mali, 20km along strike of Resolute’s Syama Mine (5 million ounces)
• Favourable geological setting
Location and History:
The Licence area is located approximately 250km due south east of Bamako, the capital of Mali. Extensive exploration data by previous workers, including the United Nations Development Programme (“UNDP”), exists about the licence area, a significant amount of which is already in the public domain.
Licence:
The Company signed a joint venture agreement to acquire a 90% interest in the 200km2 Karbasso research licence in Mali from Kadiel Mining, a Malian Company. If the licence is converted into an exploitation permit, Cluff Gold will remain with an 80% interest in the project.
Exploration:
The Company Cluff Gold has set up a office in Bamako, the capital of Mali, and an exploration camp has been established at the licence area. Field work commenced in the first quarter of 2007, following the successful evaluation of available geological data compiled by the previous workers.
[ Retrieved on 12/09/2007 - http://www.cluffgold.com/ ]
Current Positions
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Budgets
Donor From To Budget ($) Note
Links to Related Organisations
Parent Tree Karbasso JV SARL
Cluff Gold Ltd - Mali
Cluff Gold plc
Kadiel Mining
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Past Positions
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Record last updated on 12 SEP 2007