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Mali – the Minister of Mines signs exploration licences for gold
On the 26th August 2013 the Mali Minister of Mines, Mr Amadou Baba Sy, signed a contract with our Malian client – the MAMICO Sarl. Company, through which, based on the applications prepared by G E T Ltd.’s experts, it was awarded two exploration licences (Permis de Recherche) for gold in the Proterozoic rocks of the greenstone belt located in Sikasso Province in the south of the country. Currently Mali is the third largest producer of gold in Africa (over 50 tons per annum) and due to the low level of geological exploration it has a very high potential for the verification of new deposits. Currently GET Ltd’s experts are preparing a project for the fieldwork and are contributing to providing the necessary technology and the equipment to the point at which the work of our own geologists can be launched in Mali at the end of October of this year.