Resolute finds more oxide ore at Syama

Gold miner Resolute Mining has identified new oxide mineralisation at satellite deposits at its Syama gold mine, in Mali.

The company on Thursday said that exploration at Syama North had demonstrated potential for a return to oxide mining at areas near the previously mined Beta and BA01 openpits.

“Since 2014, Resolute has established and maintained a very successful oxide mining and processing operation at Syama. Expanding oxide resources and extending the life of this operation is a key objective to our business,” said Resolute MD and CEO John Welborn.

“These results are highly encouraging and reinforce our commitment to exploration and confirm the prospectivity of Resolute’s extensive Syama landholding.”