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Avocet Mining PLC Prospectus December 2011

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<strong>Avocet</strong> <strong>Mining</strong> <strong>PLC</strong><br />

West African Projects<br />

Local people graze their animals in the area and undertake slash‐and‐burn farming practices<br />

growing primarily maize, manioc, cotton, corn and small cashew orchards.<br />

A number of areas within the project area have been identified with artisanal workings,<br />

locally called “orpaillage”. This is one of the main forms of income for the local population.<br />

Artisanal miners typically hand mine shafts up to 15m deep with a diameter of 1m to zones<br />

below the ferricrete, or down to paleo‐channel terraces in old river channels. Recovered ore<br />

(clay and quartz fragments) from the saprolite is washed, crushed and then panned or<br />

sluiced to recover the gold.<br />

6.3 History<br />

6.3.1 Artisanal <strong>Mining</strong><br />

The following is taken from the Ashanti Alliance Report on Fieldwork Summary Report,<br />

August 1997:<br />

“… Gold mining has been one of the main activities of the indigenous population for over<br />

1,000 years. The gold has been extracted from various hosts – quartz veins, decomposed<br />

bedrock, lateritic soils and gravels, supergene deposits in ferruginous laterite and lateritic<br />

clays and stream alluvium.<br />

“Artisanal mining occurs throughout the year, moving from high to low ground with the<br />

change of season. Visible evidence of artisanal workings can be seen at thousands of sites<br />

through the Mandiana Prefecture – varying between a few circular pits to areas of several<br />

square kilometres.<br />

“There are many ancient gold refining sites throughout the area, where crucibles made from<br />

clay lined, hollowed out tree‐trunk lengths were fired in clay ovens.<br />

“The main target of the local miners is now supergene gold nuggets found under the laterite,<br />

usually in decomposed bedrock and between 4m and 10m deep. The largest nugget seen in<br />

the last two years weighed 1.4kg.<br />

“The impression is that all that the visible evidence of artisanal mining activities date from<br />

the last two centuries.<br />

“No industrial mining has been undertaken within the (Mandiana) concession.”<br />

In 1997, the Ashanti‐AGEM Alliance estimated 1,000‐2,000 people were working in the<br />

artisanal mining sector in the Mandiana Project Area.<br />

6.3.2 Exploration History<br />

The following has been taken from the Ashanti Alliance Report on Fieldwork Summary<br />

Report, August 1997 and summarises the exploration history of the project area:<br />

1937: 1:500,000 reconnaissance geology map by R. Goloubinow of I.G.N<br />

Report No: R253.<strong>2011</strong> 121<br />

338

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