Emiral Resources
Primary ticker: PRIVATE
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Mauritania Advanced Exploration Project
Project location: Mauritania
Website: www.emiral.com
Project Teaser: Click here
Emiral Resources Group – UAE based Africa focused private company specialized in mineral resources. Emiral is exploration, development, mining, trading and investment company.
Strategic investment in Asante Gold in Ghana
• Emiral strategic investment in Asante Gold reshaped a junior exploration company into a prominent West African gold producer, from $36 million to $468 million market cap.
• Asante Gold consolidated two key gold assets, Bibani and Chirano unifying the highly prospective land packages of gold mining regions in Ghana.
• Emiral strategic investments amounted to $45 million, a catalyst for Asante Gold’s rapid ascent.
Gold production in Sudan
• High-grade Gold deposit unearthed from scratch during comprehensive geological exploration, yielding up to 100K Oz of gold annually.
• Pilot gold extraction facility operational in less than 2 years from obtaining exploration license, showcasing a record development time frame.
• Multiple phases of scaling up mining and processing capacities underscores our ability to adapt and grow sustainably in response to market dynamics and project demands.
• Operational Milestone: Over a decade of successful operations in a challenging jurisdiction.
Gold discovery in Mauritania
• Commencing with a comprehensive geological exploration during Covid-19 outbreak, we pioneered the identification of a new gold discovery.
• To date, investment to the project in Mauritania has surpassed $40+ million.
• Scoping study reveals the vast potential of the license blocks. The study indicates gold potential, providing a robust foundation for the project’s future prospects.
Management Profile
• Our success begins with a foundation of dependable geological expertise. With a history of successful projects, our team brings a wealth of knowledge and experience to the table. The thorough geological analysis ensures a solid understanding of project potentials.
• We believe in the transformative power of investments. By strategically injecting capital, we unlock additional value in our target projects, propelling them to the new stages of development.
• Mitigating risks is at the core of our strategy. We meticulously assess and address country-specific, mineral type and project-level risks. By creating a diversified investment portfolio, we spread risk exposure, ensuring a resilient and balanced approach to investment.
What is your rationale for taking part in 121 Mining Investment?
Emiral is looking for potential investors to move its Mauritania gold project to the next stage of development in a shortcut.
What recent news would you like to highlight to investors attending?
• Comprehensive work on the analysis of technological samples has begun at ALS according to the program developed by KCA. Preliminary results are expected within the next three months.
• Lycopodium has started work on preparing Heap Leaching technological solutions as part of the PFS.
• The first stage of hydrogeological exploration within the license area is complete. Optimistic results suggest sufficient water for a 4 Mtpa heap leach, up from 3 Mtpa in the PEA.
• Infill drilling on the key area of the project will begin in October. A total of 40 km of drilling is planned, with the goal of increasing amount of Indicated Resources.
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
– Metallurgical tests results, upgrading MRE category
6 Months:
– PFS
12 Months:
– FID
What do you think makes your company such a compelling investment?
Emiral has a long and successful track record of doing profitable mining business in challenging jurisdictions. Emiral`s in-house technical and business development teams proved its capability to:
– discover substantial deposits,
– move project from exploration to mining with limited budget in record timeframe,
– do mining under challenging circumstances.
Therefore, Emiral strongly believes in success of its Mauritania gold project – one of the largest gold discovery with significant upside.
What are the top 3 key investor takeaways?
1. Emiral means experienced team, value creation, operational excellence, financial discipline and good corporate governance in gold mining industry.
2. Significant gold deposit in a stable low profile mining jurisdiction.
3. Project to be moved to Pre-FS stage in 6 months.