Akobo Minerals announced first gold bar produced from the Segele mine
21.10.2024Akobo Minerals announced the successful production of the first gold bar from its Segele Mine. This significant milestone marks the beginning of gold production as the company moves forward with its operational plans.
First Segele gold bar
© Akobo Minerals
The 1.4 kg gold bar was smelted from approximately 170 tons of lower-grade material collected and processed from development tunnels, located on the edge of the Segele ore body. This initial batch yielded an average grade of 8 grams per ton. While the results are very promising, it is too early to provide a definitive recovery rate or the gold purity grade, as the process is still in its early stages. We anticipate mining higher-grade ore once stoping activities begin.
Importantly, the tailings generated from this initial processing phase will be stored and later reprocessed through Carbon-in-Leach (CIL) tanks once these are fully operational. This additional step will allow us to maximize recovery and ensure maximum extraction of gold from our mineral resources.
Next, we will continue blasting and stockpiling material from the Segele mine, followed by further production batches. As production progresses, we expect both an increase in the gold content from the mine and improved recovery rates from the processing plant.
This achievement brings us closer to our goal of establishing Akobo Minerals as a leading gold producer in the region. We look forward to providing further updates as production continues to ramp up.
