Emiral Resources
Primary ticker: Private
Stage of development: Exploration, Development, Production
Primary minerals: Gold
Project to promote: Mauritania Gold exploration project
Project location: Mauritania
Website: emiral.com
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 CAD$ 50 million to CAD$ 500+ 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 USD$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 USD$30 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?
Mauritania gold project: the first column test results for the upper oxide part of mineralization in the D01 area show that average gold recovery rate reached 90% with a crushing size of 25 mm, significantly exceeding the 68% projected in the Scoping Study calculations. Currently, sample collection is underway for column tests on the unoxidized part of the deposit. Kappes, Cassiday & Associates has been already engaged for metallurgical testing program. The company is in talks with other reputable global mining consultancy firms that are planned to be contracted in the course of PFS preparation (Lycopodium, Knight Piesold, etc.).
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
– Continue exploration and drilling program
6 Months:
– Metallurgical testing
12 Months:
– PFS
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 12 months.