Ity Heap Leach Mine

Ity has the longest operating history of any gold mine in Côte d'Ivoire, with gold first discovered near the village of Ity in the 1950’s and the first modern gold production reported in 1991. Ity has produced more than 1.2 million ounces of gold in its 20-plus years of operation. The Ity CIL DFS has demonstrated that the project has the potential to extend mine life by more than 14 years at very low production cost.

    Overview

    Ownership

    • 85% EDV, 10% government of Côte d’Ivoire, 5% SODEMI

    Location

    • Approximately 480 km northwest of Abidjan in southern Côte d'Ivoire

    Mine Attributes

    • Mining Method: Open pit
    • Processing: 950ktpa Heap Leach
    • Gold Recovery: 81% (2018A)

    Operating Performance

    Operational Data FY-2015 FY-2016 FY-2017 FY-2018
    Mining
    Waste (kt) 311 4,916 5,237 2,901
    Ore Mined -open pit (kt) 64 1,186 1,410 1,127
    Processing
    Ore Processed (kt) 71 1,173 1,194 1,307
    Grade (g/t) 2.39 2.20 1.85 2.49
    Recovery (%) 81% 93% 83% 81%
    Production (oz) 5,689 75,867 59,026 84,832
    Cash Costs
    Total Cash Cost excl royalities (US$/oz) 550 606 733 646
    All-in Sustaining Costs (US$/oz) 683 756 906 719

    Technical Reports

    Download year list
    Date Download Description

    Reserves and Resources

    ITY MINE RESERVES AND RESOURCES

    On a 100% basis. Resources shown inclusive of Reserves. Tonnage
    (Mt)
    Grade
    (Au g/t)
    Content
    (Au koz)
    Proven Reserves0.01.45 2
    Probable Reserves 60.71.55 3,036
    P&P Reserves60.8
    1.55 3,039
    Measured Resource (incl of reserves) 1.4 0.97 44
    Indicated Resources (incl of reserves) 72.2 1.55 3,602
    M&I Resources (incl of reserves) 73.6 1.54 3,646
    Inferred Resources 19.1 1.34 823

     

    Timeline

    Maps

    Ity Birimian Corridor

    Ity CIL Deposits to be added in the study

    Ity high-grade Bakatouo discovery


    Ity Mine Drilling Targets

    Exploration Potential

    The 2018 exploration program amounted to $9 million, totaling 49,600 meters of drilling, focused mainly on the Le Plaque area and Daapleu deposit, resulting in: ­ 

    • The identification of mineralization in the Le Plaque area where drilling is ongoing and a resource is expected to be delineated in Q2-2019. ­ 
    • The validation of a high-grade at depth plunge at the Daapleu deposit.­ 
    • The identification of mineralization below the leach pad suggesting an extension of the Bakatouo deposit.

     

    An exploration program of up to $11 million totaling approximately 71,000 meters has been planned for 2019, with the aim of delineating additional resources at the Le Plaque target, and testing other targets such as Floleu, Daapleu SW and Samuel.

     

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