Youga Gold Mine — 2018 Technical Report

This NI 43-101 technical report documents a mineral resource and mineral reserve update for the Youga Gold Mine in Burkina Faso with an effective date of 31 July 2018.

Report context

This report was prepared for Avesoro Resources Inc. by CSA Global, with an effective date of 31 July 2018. It is titled "NI 43-101 Technical Report, Mineral Resource and Mineral Reserve update for the Youga Gold Mine, Burkina Faso." The report covers the Youga and Balogo projects in Burkina Faso and was issued as CSA Global Report Nº R358.2018.

Processing route

Report structure and responsibilities

The processing-related content of the report falls under Sections 13, 17, and 21.2, which were the responsibility of a qualified person with a BSc degree in Chemistry and Extractive Metallurgy from the University of Murdoch, Western Australia, and membership in the Australasian Institute of Mining and Metallurgy. This qualified person reported 25 years of experience in mineral processing but had not visited the project sites.

Nature of the processing information

The report is primarily an update of mineral resources and mineral reserves. Processing information is presented in the context of the qualified person's review of relevant sections rather than as a standalone process design document. The report does not present a new processing plant design or flowsheet.

Qualified person limitations

The mineral processing qualified person responsible for Sections 13, 17, and 21.2 confirmed independence from the issuer as described in Section 1.5 of NI 43-101 and had no prior involvement with the property. The qualified person certified that the sections for which they were responsible contained all scientific and technical information required to be disclosed so as not to make the technical report misleading.

Key reported parameters

The table below summarises the key reported parameters drawn from the qualified person certificates and the report header information.

Parameter Value
Report title NI 43-101 Technical Report, Mineral Resource and Mineral Reserve Update for the Youga Gold Mine, Burkina Faso
Report number CSA Global Report Nº R358.2018
Effective date 31 July 2018
Report date 31 July 2018
Client Avesoro Resources Inc.
Project name / job code AVSAUD01, AVSAUD02
Client contact Serhan Umerhan, CEO
Client address S08 BP 11197, Ouagadougou 08, Burkina Faso
Issuing office CSA Global (UK) Ltd, Horsham, West Sussex, United Kingdom
Report status Final
Qualified person role Mineral processing consultant
Qualification BSc Chemistry and Extractive Metallurgy, MAusIMM (CP)
Experience 25 years
Site visit by processing QP Not visited
Independence Independent of issuer per Section 1.5 of NI 43-101
Prior involvement with property None

Project website: https://www.mining-technology.com/projects/youga-gold-mine-burkina-faso/

Technical qualifications

The report includes a certificate of a qualified person for the mineral processing sections. The qualified person held a BSc degree in Chemistry and Extractive Metallurgy and was a Professional Member of the Australasian Institute of Mining and Metallurgy. The certificate stated 25 years of experience, including "most aspects of study/project/plant operations management in many aspects of small and large mineral processing plants." The qualified person had not visited the projects. The report notes that the qualified person was responsible for Sections 13, 17, and 21.2, had read NI 43-101, and confirmed those sections were prepared in compliance with NI 43-101.

Source: CSA Global Report Nº R358.2018, "NI 43-101 Technical Report, Mineral Resource and Mineral Reserve Update for the Youga Gold Mine, Burkina Faso," effective date 31 July 2018, relevant sections.

Mineral processing basics

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