TOGO SCANDALE Des délinquants anglais exploitent l’Uranium/Coltan au Togo via le paradis fiscal des Iles Vierges anglaise
PO Box 71
Tortola VG 1110
British Virgin Islands
The Kara-Niamtougou Project comprises nine contiguous Exploration Permits granted for uranium and associated minerals.
Historical exploration undertaken in the 1970s included mapping, ground spectrometer traversing, trenching and pitting. Three priority targets were drilled: Sondage 1. Sondage 10-11 and Sondage 13. U3O8 content was discovered to be variable. Low-end averages stood at 0.14% U3O8 and maximum values reached 0.45% U3O8.
Previous workers established a non-SAMREC Compliant Exploration Target of 100 tonnes uranium metal.
Although further exploration is required to define the genetic model for the known mineralisation, there are indications of associations to both local and regional structures, lithology and alteration.
Through its exploration work, Premier has confirmed the nature and host lithology of the uranium mineralisation and has identified a 60km strike of anomalous aero-radiometric anomalies and associated structural controls.
Premier believes that two geological models exist:
Sondage 1 and Extension
• Structurally controlled
• Alteration controlling precipitation of uranium
• Mineralisation associated with biotite schist
Premier intends, funds permitting, to drill test the two top priority targets at Sondage 1 and Siou with a combined total of 1,500m core drilling. Further work will be dependant on identifying sufficient potential mineralisation to warrant more extensive drill programmes.
Dapong consists of two permits, covering 400 sq km, for the exploration of gold and associated metals, which are valid for an initial period of three years.
The Project is underlain by volcanic and sedimentary Birimian-aged intrusive rocks with minor volcanosedimentary sequences, quartz veins and pegmatites, which form part of the larger West African Craton geologic region. Gold mineralisation generally occurs along north to north east trending shear zones and faults that cut Birimian belts or form the margins of these Birimian belts where sedimentary rocks often include paleo-placer gravels. Substantial gold mineralisation has previously been discovered within Birimian-aged formation belts located in Ghana, Côte d’Ivoire, Mali, Guinea and Burkina Faso. Major gold mines in the region include Tarkwa in Ghana operated by GoldFields which has a 15.Moz resource and produces circa 700,000 oz per annum; Oubasi mine in Ghana operated by AngloGold which produces circa 300,000 oz of gold per annum; and the Youga gold mine operated by Etruscan Resources in southern Burkina Faso which produces circa 80,000 oz of gold per annum.
Multiple rivers draining Birimian rocks in the West African Craton hold alluvial gold deposits and an initial reconnaissance visit by Premier geological teams have already identified four areas in the drainage systems where there has been recent artisanal activity.
The Project is considered to be highly prospective for gold, having extensive artisanal activity but has not yet been the subject of systematic exploration. The Board believes that the area offers excellent development potential due to its location and geological signature. Accordingly, using its existing resources in Togo, the Company intends to immediately commence exploration in order to quantify the full potential of the highly prospective area.
Located 20km west of a main North–South road artery in Western Togo and within easy assess of a freight rail connection, the Pagala Project consists of four contiguous Exploration Permits issued for zinc and associated minerals. Mineralisation is hosted in a graphite-sericite schist and sideritic breccias within a volcano sedimentary sequence.
Exploration of this area began in 1983, since when both BRGM and Anglo American have previously undertaken drill testing. In 2000, Ambase Exploration Limited recorded a non-SAMREC compliant ‘exploration target’, as defined in the SAMREC code, of 3.6 Mt at 2.7% zinc.
Premier believes that BRGM and Anglo American may have failed to recognise the controlling geological structures and did not drill deep enough to identify the deposit’s true scope. A 2,000m core drilling programme is planned, funds permitting, to drill test the portions of an untested nappe structure where duplication and an increase in grade of the mineralisation may exist. Further work on the project will be results driven.
Located in southwest Togo (a two-hour drive from the capital, Lomé) and close to the railhead at Kpalime, the Haito Project is a highly prospective grassroots project with good development potential.
The project consists of three Exploration Permits issued for nickel and associated minerals. In May 2009, a JORC compliant Inferred Mineral Resource estimate was established for the Mont Kpote prospect by Datageo Geological Consultants. The estimate was based on assays from 94 pits excavated by the Group and 23 historical pits. This Inferred Mineral Resource was calculated with a cut-off grade of 0.7% nickel and has been estimated as 7.2Mt at 0.99% nickel.
Haito sits within the greater Kpote Deposit area, which has the potential to build 10-15Mt at 0.8-1.05% nickel. Should Premier’s geological expectations be realised, a nickel mine at Haito could have a potential mine life in excess of 20 years. Higher-grade portions of the resource would be targeted during the first 10 years of mining.
The viability of the nickel resources at Kpote revolves around the atmospheric leachability of the laterite (i.e. acid consumption, leach times and iron residues). Premier intends funds permitting, to send four bulk samples for atmospheric acid leach testing and to develop further exploration at Haito once the results of this test work are known.
Dapaong Gold Project –
In January 2013 we were delighted to have
secured two gold Exploration Permits
totalling 400 sq km in the Dapaong area of
northern Togo. The licence areas are
considered to be highly prospective for gold,
having extensive artisanal activity, but have
not yet been the subject of systematic
The Project is underlain by volcanic and
sedimentary Birimian-aged intrusive rocks
with minor volcano-sedimentary sequences,
quartz veins and pegmatites, which form part
of the larger West African Craton geologic
region. Gold mineralisation generally occurs
along north to north east trending shear
zones and faults that cut Birimian belts or
form the margins of these Birimian belts
where sedimentary rocks often include
paleo-placer gravels. Substantial gold
mineralisation has previously been
discovered within Birimian-aged formation
belts located in Ghana, Côte d’Ivoire, Mali,
Guinea and Burkina Faso. Major gold mines
in the region include, Tarkwa in Ghana
operated by GoldFields, which has a 15
million oz resource and produces circa
700,000 oz per annum; Oubasi mine in
Ghana operated by AngloGold which
produces circa 300,000 oz of gold per
annum; and the Youga gold mine operated
by Etruscan Resources in southern Burkina
Faso, which produces circa 80,000 oz of
gold per annum.
Multiple rivers draining Birimian rocks in the
West African Craton hold alluvial gold
deposits and an initial reconnaissance visit
by our Premier geological teams have
already identified four areas in the drainage
systems where ther
Table 1: Pipeline portfolio
Project Country Further details
Southern Togo Phosphate* Togo • 173,99 sq km project located in southern Togo, 35km from Port of Lome
• Commercial phosphate development potential in Togo
• Borders State high grade phosphate mine – 50Mt of ore over 40 years at 35.7% P2O5 product
• Historical hydrogeological drilling identified phosphate beds on property & shallow cover
deposit suggests potential for low capex open pit mining
• Conceptual Exploration Target of 75Mt at 32% P2O5 (Venymn)
Southern Togo Clays* Togo • Located in the northern part of Southern Togo Project
• High quality clays project with potential in-situ resources of 108Mt attapulgite and smectite
• Mineralisation remains open along strike and down dip
• Venymn: potential conceptual Exploration Target upside of 254Mt
Bassar Phosphate* Togo • Located 315 km north of Premier’s Southern Togo Project (350km to Port of Lome)
• Non-compliant resource of 20Mt at 22% P2O5
Haito Nickel Laterite Togo • 600 sq km project located in south west Togo – deposit still open at depth
• Inferred compliant resource by surface pitting of 7.21Mt at 0.99% Ni at 0.7% Ni cut off
Pagala Lead-Zinc Togo • 400 sq km contiguous land position 230km north of the Port of Lome
• Non-compliant resource of 3.6Mt at 2.7% Zn
Kara Niamtougou Uranium Togo • 766 sq km permit area 380km north of the Port of Lome
• Non-compliant resource of 150 -300t U308
Chief Executive Officer &
Mr Roach has been involved in the mineral
exploration industry in sub-Saharan Africa
for many years. He has extensive experience
in securing and establishing mineral
exploration tenure and operations
throughout Africa namely, Central African
Republic, South Africa, Chad, Mali, Namibia,
Zambia and Tanzania. He was a founding
Director and Managing Director Africa for
UraMin Inc., a uranium resource company
with operations in Namibia, South Africa and
Central African Republic. UraMin was sold
for US$2.5 billion in 2007 to Areva, a
French public multinational industrial
conglomerate. Mr Roach is Chairman of
Ethiopian Potash Corp, a TSX Venture
Exchange quoted company, and was
appointed as a director of AfNat Resources
Limited in 2009, which was AIM-quoted until
Ms Hueston was formerly Chief Financial
Officer (CFO) designate of Ethiopian Potash
Corp (TSX:V), CFO of G & B Central African
Resources and CFO of Virginia Diamond
Field, which conducted a US$25m bulk
sample diamond exploration project in South
Africa. Ms Hueston was also Head
Accountant with Caledonia Mining Corp, a
junior gold mining and exploration company
with operations in South Africa, Zimbabwe
and Zambia and which is listed on the
Toronto Stock Exchange and traded on AIM.
Prior to working in the mining industry,
Ms Hueston spent four years with Deloitte in
various global locations working as a Senior
Manager in Forensic Accounting.
Ms Hueston is a Canadian Chartered
Accountant and MBA graduate from the
University of Cape Town.
Mr Cumming has over 35 years experience
as an exploration geologist in base metal
and diamond exploration across Africa.
Mr Cumming spent 26 years with the
Falconbridge Limited group of companies
across Southern and West Africa exploring
for nickel, copper, gold, diamonds and
uranium. He has also consulted on various
PGM opportunities in the Bushveld, was
Exploration Manager for AIM-quoted Sierra
Leone Diamond Company Limited (now
African Minerals Limited) and in 2006 was
employed by Vedanta Resources plc in
Zambia as Specialist Exploration.
Mr Cumming holds a Bachelor of Science
(Honours) in Geology from the University of
Cape Town and is accredited to the South
African Counsel for Natural Scientific
John (Ian) Stalker:
Mr Stalker is Chief Executive Officer of
Brazilian Gold Corporation, a TSX Venture
Exchange quoted company. He has over 30
years of development and operational
mining experience in Europe, Africa and
Australia. He has undertaken operational
roles in the base and precious metals arenas
and executive positions in some of the
largest mining companies in the world. From
2009 to 2011 he was CEO of Berkeley
Resources Ltd, an ASX and AIM quoted
company with its main asset being a
uranium development project in Spain. He
was CEO of UraMin Inc. from 2005 until its
acquisition by Areva in 2007. Prior to joining
UraMin, between 2005 and 2007 Mr Stalker
was a Vice President of Gold Fields Ltd., the
fourth largest gold producer in the world at
Mr Goodman, a M.A. in Law from Cambridge
University, qualified and practiced as a
Solicitor in London. Mr Goodman held the
position of C.E.O. for ACE Global Markets,
ACE Strategic Advisors Inc. and Jardine
Lloyds Advisors Limited. He was a Director
and Head of International M & A with
Barclays de Zoete Wedd Limited, and
Director of Corporate Finance with Hill
Samuel. He was previously Chairman of the
Board of Directors of Viatel Holdings
(Bermuda) Limited and Chapelthorpe plc.
He is also a Director of two publicly traded
Mr Dollar has over 50 years’ experience
exploring for minerals across Africa,
including working as the resident geologist
for African Associated Mines and for United
States Steel Corp as a consultant identifying
fluorspar, nickel and platinum in Central and
Southern Africa. He was instrumental in
identifying, developing, building and
subsequently disposing of at least five
mines, including the Tiger Reef Mine, Jojo
and Anzac Mines at Kwe Kwe to purchasers
including Lonrho. He is experienced in
operating in Zimbabwe and was involved in
prospecting for and building a 10,000
tonne/month Tantalum mine at Gwanda.
Mr Dollar holds a Bachelor of Science
(Honours) in Geology from the University of