Nordgold Begins Mining at the New Diguili Deposit at the Lefa mine, Guinea
London, United Kingdom, 5 August 2021 – Nord Gold plc ("Nordgold" or the "Company"), the internationally diversified gold producer, announces that its Lefa mine team have started mining at the new satellite Diguili deposit in the Republic of Guinea.
Nordgold, through its ownership of the Lefa mine, is one of the largest gold producers in the Republic of Guinea and an important contributor to the country’s economic and social development. Since acquiring the mine in 2010, Nordgold has maintained a consistent programme of exploration activities in order to increase reserves and resources and extend the life of the mine.
The Diguili deposit, which is located approximately 35 km from the processing facility at the Lefa mine, was significantly expanded by the Lefa team after a successful regional exploration programme. Using ground geophysical Induced Polarization (IP) techniques, the deposit’s proved and probable gold reserves (JORC) of 78 koz as at the end of 2020, have increased to 138 koz as at the end of March 2021.
“A core pillar of Nordgold’s strategy is to expand our resource and reserve base through both organic growth and selective acquisition of high value projects. Our acquisition of Lefa in 2010, combined with the extensive exploration programme we have undertaken since then, is precisely in line with that strategy. The Diguili deposit was identified by our exploration team and it will now make a strong contribution to the overall Lefa mine performance.” Louw SmithChief Operating Officer
Enquiries
Nordgold
Marisha Leon
Corporate Communications Manager
marisha.leon@nordgold.com
Powerscourt
Peter Ogden
Tel: +44 (0) 20 7250 1446
About Lefa
The Lefa gold mine is located approximately 700 kilometres northeast of Conakry, the Capital of the Republic of Guinea. The mine is owned by Société Minière de Dinguiraye S.A. (“SMD”), in which Nordgold holds a controlling interest of 85% — with the remaining 15% held by the Guinean government.
The mining and processing production chain at Lefa is highly automated and includes state-of-the art systems such as the WENCO Mining System andthe LAS Fuel Management system, which ensures live fuel consumption control, along with the TAC 1000 solutions control system. The mine supports more than 1,300 direct jobs.
About Nordgold
Nordgold is an internationally diversified one million ounce gold producer with about 7,800 people operating a portfolio of nine mines (in Burkina Faso, Guinea, Russia and Kazakhstan) and a number of development and exploration projects in West Africa, Eurasia and the Americas. Since its foundation in 2007, Nordgold has established a global reputation as a leading developer of tier one gold mining assets with a proven commitment to community engagement, sustainability, efficiency and operating in an environmentally responsible manner. Since 2013, Nordgold has successfully constructed three gold mines, including two in Burkina Faso (Bouly and Bissa) and most recently, the Gross mine in Russia.
