The Misisi property has already been certified with 3 million ounces of gold in a NI 43-101 Technical Report, with an expansive history of drilling and multiple large-scale corporate transactions for business sales.
With the increase in geopolitical stability created by the most recent president, the DRC possesses vast gold resource opportunities. Thus, major companies, including Barrick and large Chinese mining companies, have invested billions into the same region. Retail and institutional investors have the unique opportunity to invest into gold as a robust store of value.
Misisi Project History
Location and Infrastructure
Robust High Grade Resources
3.1 Moz Resource: An inferred resource of 3.1 Moz grading 2.16 g/t Au at Akyanga based on 500km of trenching and 22,000 m of drilling.
Open for Expansion: Mineralization resource remains open for expansion both along strike and at depth.
Excellent Recoveries: Up to 50% restored with gravity separation, 86% with heap leaching, as well as up to 94% with CIL.
Potential for Low Strip Ratio: Mineralization in shallowly dipping, continuous quartz veins.
Near-Term Growth Targets
Pit Optimization: Incorporating higher metal prices combined with refinement of engineering assumptions allows for the inclusion of mineralized material outside of the current pit shell.
Extension Drilling: Mineralization remains open both along strike and down dip.
Parallel Mineral Structure: Akyanga East defined by >3km trend with limited drilling.
Akyanga East / Connection at Depth / South Extension / New Stacked Veins / Underground
Resources Infill & Expansion Drilling
Exploration & Resource Expansion Drilling
Budgeted 10,000 metre drill program to commence in Q2/22. Initial phase will focus on expansion of Akyanga Central resource along strike and down-dip, + definition and inclusion of the Akyanga East Deposit in resources.
Additionally, definition drilling to deliver a maiden resource estimate for Ngalula, Tulonge and Mdende targets.
A Preliminary Economic Assessment to incorporate recent drilling planned for H1/23. In 2014, SRK Consulting and MDM Engineering completed a Scoping Study outlining a low-cost, low-strip, conventional open-pit heap-leach operation.
Community Engagement and Support
Casa Mining has been working with the Misisi Township and artisanal mining co-operatives since 2010.
Casa Mining has completed multiple phases of drilling and exploration with local agreements and co-operation.
Artisanal mining co-operatives are organized by the Ministry of Mines and are informed and supportive of the company’s planned exploration.
Significant community projects and employment programs completed.
Rehabilitated 6 schools, constructed 1 new school. Constructed community meeting hall. Constructed Etuhu river bridge. Adult literacy programs.
Regency will continue and expand community projects and partnerships.
Mbegu Njema School, Before & After