Mining News in Burkina Faso

Orezone Gold Corporation
Orezone Gold Corporation
ORE
Gold
Burkina Faso

Orezone Reports Positive Drill Results at Bomboré Demonstrating Growth Potential Ahead of Mineral Resource and Reserve Update in Q1 2027

Orezone Gold Corporation announced positive drill results from its Bomboré Gold Mine, highlighting significant growth potential. The program included exploration drilling that extended the P16 zone by 600 meters and resource definition drilling aimed at converting Inferred Resources to Indicated. The company anticipates a material increase in both Mineral Resources and Reserves in Q1 2027, incorporating approximately 100,000 meters of new drilling and adjusted cut-off grades.

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DFR Gold Inc.
DFR Gold Inc.
DFR
Burkina Faso

DFR Gold Inc. Announces Funding and Updates on Cascades Feasibility Study

DFR Gold Inc. has secured US$1.2 million in term loan facilities from insiders to fund the Cascades Feasibility Study and general working capital. The company is targeting an annual production of 20,000–30,000 oz of gold at Cascades and plans to begin reserve definition drilling in Q2 2026.

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DFR Gold Inc.
DFR Gold Inc.
DFR
Burkina Faso

DFR Gold Inc. Announces the Commencement of Feasibility Study at Cascades, Financing and General Updates

DFR Gold Inc. has commenced a feasibility study for the Cascades gold project in Burkina Faso, targeting an annual production of 20,000–30,000 ounces. To fund this and exercise the Wuo Land option, the company secured US$1,000,000 in new loan facilities from shareholders, while also successfully deferring repayment of prior loans until June 2026.

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DFR Gold Inc.
DFR Gold Inc.
DFR
Burkina Faso

DFR Gold Inc. Announces Exploration and Financing

DFR Gold Inc. has secured US$1,000,000 in term loan financing from related parties to fund exploration and working capital. The company is focusing on resource definition at the Cascades Gold Project in Burkina Faso, specifically targeting a newly mapped high-grade vein swarm.

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Nexus Gold Corp.
Nexus Gold Corp.
NXS
Gold
Burkina Faso, West Africa
Drill Results

Nexus Gold Updates Dakouli 2 Gold Concession, Burkina Faso, West Africa

Nexus Gold Corp. has provided a corporate update for its Dakouli 2 Gold Project in Burkina Faso, West Africa, stating its intention to raise capital and resume exploration activities in 2024. The announcement re-highlights historical drill results from 2020 and 2021, which include several high-grade gold intercepts. However, a Qualified Person was unable to verify the laboratory and quality control procedures for these historical samples, raising concerns about data reliability.

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DFR Gold Inc.
DFR Gold Inc.
DFR
Gold
Burkina Faso

DFR Gold Inc. Announces Exercise of Wuo Land 2 Option

DFR Gold Inc. has exercised its option to acquire the Wuo Land 2 exploration license in Burkina Faso for US$300,000, funded by an 8% interest loan from a related party. The acquisition provides full control over a 30km strike length of mineralization, including recent significant drill results at the Sina Yar and Far East targets.

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Nexus Gold Corp.
Nexus Gold Corp.
NXS
Gold
Burkina Faso

Nexus Gold Options the Fofora Gold Project, Hounde Greenstone Belt, Burkina Faso

Nexus Gold Corp. has signed an option agreement to acquire a 90% interest in the Fofora Gold Project in Burkina Faso. The project is located in the Hounde Greenstone Belt, adjacent to Fortuna Silver's Boussoura Project, and shows promising surface gold geochemistry.

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DFR Gold Inc.
DFR Gold Inc.
DFR
Gold
Burkina Faso

DFR Gold Inc. Announces Completion of Phase 1 Resource Expansion Drilling programme at Cascades Project

DFR Gold completed a 5,641m RC drilling phase at the Cascades Project in Burkina Faso. The program confirmed two new zones with resource potential at Sina Yar and Far East, and extended the TT13 discovery zone, highlighted by a 11.6 g/t Au intercept.

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Nexus Gold Corp.
Nexus Gold Corp.
NXS
Gold
Burkina Faso

Nexus Gold Signs LOI to Acquire the Fofora Gold Project, Hounde Greenstone Belt, Burkina Faso

Nexus Gold Corp. has signed a non-binding letter of intent to acquire a 90% interest in the Fofora Gold Project in Burkina Faso. The project is located within the Hounde greenstone belt and is adjacent to Fortuna Silver's Boussoura Project.

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Diamond Fields Resources Inc.
Diamond Fields Resources Inc.
DFR
Burkina Faso

Diamond Fields Resources Announces Intention to Change Name to DFR Gold Inc.

Diamond Fields Resources Inc. has announced its intention to change its corporate name to DFR Gold Inc., effective around January 30, 2023. The change reflects the company's strategic focus on West African gold exploration, specifically its Cascades Project in Burkina Faso.

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