Koulou Gold
Primary ticker: Private
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Sakassou Project
Project location: Cote d’Ivoire
Website: www.koulougoldcorp.com
Corporate presentation: Click here
Corporate video: Click here
Koulou Gold Corp. is a private mineral exploration company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia, Canada. Koulou Gold’s focus is early to advanced-stage exploration in West Africa. The Company currently holds an option to earn up to 100% interest in the Sakassou Project in central Côte d’Ivoire, and an additional exploration license in the well-endowed Syama-Boundiali greenstone belt in northern Côte d’Ivoire.
Management Profile
ALEX RUGGIERI – CEO AND DIRECTOR
Mr. Ruggieri is a financial professional with over a decade of experience in the capital markets dealing with both retail and institutional clients at Haywood Securities. He is a CFA Charterholder and has been involved in the formation and financing of multiple public companies, including Kenorland Minerals Ltd., where he served as a founding Director.
DESIRE ABOUKAN – PRESIDENT AND DIRECTOR
Mr. Aboukan was an Exploration Manager, Africa for Newmont Mining for 15 years. He oversaw all greenfields exploration activities in Africa with large exploration programs operating in Burkina Faso, Cote d’Ivoire, Mali, Guinea, Morocco, Ethiopia, and DRC (JV with Loncor Minerals). Désiré was also involved in exploration management in the Guiana Shield in French Guiana and Haiti with Newmont. Before Newmont, Désiré worked with Cluff Mining and BHP in West Africa and was involved with the Yaoure/Angovia and Tongon discoveries.
What is your rationale for taking part in 121 Mining Investment?
To introduce Koulou Gold’s Ivorian exploration platform and results to date to investors, explorers and miners focused on Africa. We are interested in meeting with both institutional and individual investors. We will have results from our 10,000 meter RC program that is currently underway at our Sakassou project and further business development activities to showcase.
What recent news would you like to highlight to investors attending?
We will have exploration results from the 10,000 meter RC program at our Sakassou Project.
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Complete our 10,000 meter RC program.
6 Months:
Interpret drilling results.
Acquire additional permits in Côte d’Ivoire.
Complete additional private placement.
12 Months:
Continue to build our portfolio of high-quality permits in Cote d’Ivoire.
Systematically generate and test targets.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Exploration risk is our primary challenge. The company is focused on Cote d’Ivoire due to its exploration immaturity and large endowment of greenstone. We have in-country experience from our founder and President, Désiré Aboukan, who is Ivorian, as well as the technical oversight of board members Zach Flood (TSXV: KLD) and Francis MacDonald (TSXV: LIFT).
To further mitigate the inherent risks associated with the execution of the current exploration campaign at the Sakassou Project, target selection has been supported by the highly experienced team at Kenorland Minerals (TSXV: KLD).
We also utilize a team in Ukraine to digitize geologic data across West Africa to assist us with project generation and targeting.
What do you think makes your company such a compelling investment?
Koulou Gold provides investors exposure to gold discovery in Côte d’Ivoire.
Our 10,000 meter drill program could advance the things materially.