Amani Gold

Financials:

Primary ticker: ASX:ANL, OTC:BRYYF
Stage of development: Exploration, Development
Primary minerals: Gold
Project to promote: Giro Gold Project
Project location: DRC
Website: www.amanigold.com

Amani Gold is developing our 4.4Moz gold Giro project in the DRC. The project is located 35km from the 17Moz Barrick Gold Kibali Project. The Company is currently undertaking diamond and RC drilling to confirm the existing resource and test for high grade extensions.

Cash: AUD$3.79M (As at 30 June 2022)
Debt: NIL

Major Shareholders: 
MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED – 20.51%
BNP PARIBAS NOMS PTY LTD <DRP> – 13.65%
CITICORP NOMINEES PTY LIMITED – 10.67%
MCNEIL NOMINEES PTY LIMITED – 6.39%
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED – 5.36%
Management Ownership – 5.32%

Management Profile

Conrad Karageorge- Chief Executive Officer
Conrad is a corporate adviser and resources executive with experience in precious and base metals projects in Australia and Africa. He has degrees in law and commerce and is a non-executive director of gold explorer Orange Minerals NL (ASX:OMX).

What is your rationale for taking part 121 Mining Investment?

Amani is considering its options with respect to an equity raise and potential commercial opportunities.

What recent news would you like to highlight to investors attending?

8 August 2022 – Extensive Gold Mineralization Zones Confirmed at Kebigada,
3 June 2022 – High Grade Gold Intersected in Kebigada Diamond Drilling

What are your key goals in 3 months, 6 months, 12 months?

3 Months:

  • Completion of RC Drilling at high grade gold prospects.
  • Resource review from recent diamond and RC Drilling.

12 Months:
  • Completion of Giro Project Pre-Feasibility Study

What are the top 3 key investor takeaways?

– Significant 4.4Moz Gold Deposit in a world class region (35km from Barrick Gold 17Moz Kibali Mine)
– Substantial drilling campaign to define and grow the resource.
– Progressing to pre-feasibility study.