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Centamin

Exploration

Côte d’Ivoire

Overview

Centamin completed its recommended all-share takeover offer for ASX-listed Ampella Mining Ltd on 24 February 2014, thus gaining control of exploration properties in Côte d’Ivoire.

Centamin has four permits in Cote d’Ivoire covering a circa 1,517km2 area across the border from Batie West in Burkina Faso. Six permits are under application which are expected to be granted during 2016. Once awarded, exploration will focus on regional surface geochemistry aimed at identifying anomalies for first-pass drilling.

Field work continues on the current licences with reconnaissance geochemistry and geophysics, as well as detailed follow-up leading to first-pass RC drilling.

Soil sampling has identified several coherent gold anomalies which, together with magnetic anomalies, have been targeted with follow-up Auger drilling and trenching in order to gain structural data on the controls of mineralisation.

Ground IP surveys were undertaken over identified prospects. To date, drill results have correlated well with anomalies and further IP surveys are under preparation.

AC drilling was completed at multiple prospects, with some significant intercepts being currently followed-up with RC drilling.

At Enoida AC drilling confirmed the continuity of the mineralisation along strike from the Napelapera prospect in Burkina Faso.