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Riverstone Resources - Karma, N Burkina Faso - Nov 2012

Andrew Jackson visited Riverstone's Karma project in northern Burkina Faso in late November 2012.

Riverstone has 5 main targets on the property: Kao, Goulagou I, Goulagou II, Rambo and Nami.  The company completed a PEA based on a global Indicated resource of 2.25 Moz @ 1.02 g/t Au and a global Inferred resource of 1.12 Moz @ 0.86 g/t Au. Riverstone plans to skip the PFS and go straight to a BFS, targeting just the oxidized portion of this resource. They plan to agglomerate (because of the high clay content) and heap leach the oxide ore.  

A sulfide ore study will be carried out at some future stage, perhaps based on Biox technology to overcome the refractory nature of the sulfides.

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