Bishop Resources NL
Primary ticker: Private
Stage of development: Exploration, Development, Production
Primary minerals: Gold
Project to promote: Gold Exploration in Ghana and Senegal
Project location: Ghana, Senegal
Website: www.bishopresources.com.au
Over the past three years, Bishop Resources NL has amassed two phenomenal gold projects: in Senegal and Ghana on 50m and 10m ounces gold bearing structures, respectively.
Bishop Resources NL is pursuing opportunities for the next, high value Tier 1 gold deposits in Ghana and Senegal. The management team has had extensive success and experience in bringing Tier 1 projects to production.
Currently, Bishop Resources has a 2012 JORC resource of 1.05mil ounces (2.6g/t) , with an extensive 5,000 metre diamond drilling program (as designed by SRK) commencing in the first quarter of 2024 to further increase the resource target of 3.5m ounces
The company has:
• a fully operational 80-person camp
• one functional processing plant,
• CIL processing plant ready for construction.
Mission
• Bishop Resources is founded on a legacy of 12.5 million ounces of gold discovered in West Africa over the past 10 years.
• Our goal is to unearth the next world-class discovery in West Africa.
• We use our deep local knowledge and connections to achieve a more efficient, more effective business.
• For us, it is all about action. We oversee our projects in person, and let the results speak for themselves.
• Driven to deliver sustained value for all.
Management Profile
David Michael – Director
David Michael qualified as Chartered Accountant, previously employed at Attorney Generals Department, holds a Graduate Diploma in Applied Finance and has been a Stockbroker for nearly 32 years. Founder of numerous ASX listed companies
What is your rationale for taking part in 121 Mining Investment?
Seed investor and IPO participants.
On market support after listing.
What recent news would you like to highlight to investors attending?
Commissioning of the CIL Plant at Makabingui Project, Sengal- November 2024
What are your key goals for the next 3, 6 and 12 months?
3 Months:
RC Drilling in Senegal Makabingui East
6 Months:
Listing on the ASX
12 Months:
Upgrade to Jorc Resource
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Global Economic uncertainty
What do you think makes your company such a compelling investment?
1. Highly prospective package is adjacent to two known significant gold deposits, Sabodala and Mako, with reported Resources of 6.9 million and 9.6 million ounces of gold respectively
2. Ghana properties in known gold province, Namdini mine 7.5m ounces and Youga 1.5m ounces
What are the top 3 key investor takeaways?
Oustanding exploration potential
Proven Management team
Sound jurisdications