Latest News

Petra Capital Research Report
Independent stockbroking firm Petra Capital has recommended a BUY for Perseus Mining Limited in a recent research report.
6 October 2008
Ayanfuri Feasibility Update
The Ayanfuri Gold Project Definitive Feasibility Study (“DFS”) is on track for completion by April 2009 following a positive Preliminary Economic Assessment (“PEA”).
1 October 2008
Tengrela Drilling Update
Perseus Mining has announced that new RC and diamond drill results have again extended the strike of the high grade portion of the large Sissingue prospect on the Tengrela gold project in West Africa’s Ivory Coast.
18 September 2008

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Projects

Ayanfuri

The Ayanfuri Mine Licences are situated on the Ashanti Belt, 25-65km south west of the 60 million ounce Obuasi gold deposit. 

Resource / Reserve Potential

Since acquiring an option over the Ayanfuri project in June 2006, Perseus increased gold resources from 608,000 oz (indicated 268,000 oz; inferred 340,000 oz) to 3.9Moz (indicated 1,718,500 oz; inferred 2,211,800 oz) by April 2008. Drilling is ongoing and the Company has commenced a detailed feasibility study for a CIL mining operation.

Setting

The Ayanfuri Mine Licences are underlain by Birimian metasediments and metavolcaniclastics which are intruded by intermediate granitoids.  The adjoining Reconnaissance Licences cover a broader section of Ashanti belt lithologies including Birimian metasediments, metavolcaniclastics, volcanics and Tarkwaian epiclastics and intrusives.

Gold mineralisation at Ayanfuri occurs in quartz veins, stringers, stockworks and is disseminated in:

1.    altered metagranodiorite intrusive bodies; and

2.    typical "Ashanti" style shear zones within metavolcaniclastics.

The Ayanfuri gold mine produced over 300,000oz of gold from a shall oxide heap leach operation which commenced in 1994 - 23 shallow pits were mined, with most production from six granitoid intrusive orebodies ranging from 200m to 500m long and 30m to 120m wide.

Click here to view ASX releases relating to Ayanfuri.

 
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Current Share Price
$0.73
Visit ASX Website
Gold Price
US$863.30 / oz

Perseus Mining has transferred its Kyrgyz Republic assets to new IPO gold company Manas Resources. Click here to view the Manas website and its prospectus.

Corporate Office

30 Ledgar Road Balcatta,

Western Australia, 6021 Australia

ACN 106 808 986

ABN 27 106 808 986

Ph: +61 8 9240 6344

Fax: +61 8 9240 2406

Email: info@perseusmining.com

Branch Offices

Ghana

4 Chancery Court

147A Gifford Road

East Cantonments,

Accra, Ghana

PO Box C2576

Accra, Ghana

Ph: +233 21760530 / +233 2767924

Fax: +233 21 760 528

 

Kyrgyz Republic

#10, Erkindyk Ave

Bishkek 720739

Kyrgyz Republic

Ph/fax: +996 312 664 992