Perth based Lindian Resources expands its bauxite target area at Guinea's Gaoual project after surface mapping

Perth based Lindian Resources has announced that the bauxite ore body of its Gaoual bauxite project in northwest Guinea is significantly larger than they expected. This was confirmed by the surface mapping conducted by the company's geological expert, Mark Gifford, and project geologist, Hashimu Millanga.

The company says its high grade Bouba “conglomerate” bauxite target now extends around a kilometre further to the north than the initial estimate of 1.5km. Lindian is planning a two-stage drilling program for the project with two key targets - Bouba and Mamaya.

Lindian Managing Director Shannon Green said: “The geologists identifying that the areal extent of the Bouba Conglomerate Bauxite Plateau could potentially be significantly larger than initially identified puts Lindian Resources in a unique position, with a low market capitalisation and what is shaping up to potentially be a truly world class project of global significance.”

The company considers Gaoual project, located around 165 kilometres north east of the Kamsar port, as a replica of Sangaredi mine which was mined by Compagnie des Bauxite Guinee, or “CBG”

As the conglomerate bauxite deposits at Sangaredi are slowly depleting, Gaoual project could be an alternative to that.

Lindian confirmed about the high value, very rare conglomerate style bauxite deposit after its earlier due diligence studies and field works. Gaoual’s alumina oxide grade samples show 53.57% alumina component.

Lindian’s first target, Bouba covers 5 sqkm, has a high alumina grade of 55-60%, contains very low, 1-3% silica, and has the potential to be 30m plus thick.

Lindian’s other early drilling target, Mamaya, covers 11sqkm with an expected depth of 10-15m, with the ore grades reaching 45-50% alumina.

Lindian will invest USD$1 million over next two years to acquire its initial 51% interest in Gaoual bauxite deposit which is owned by KB Bauxite Guinea SARLU and its sole shareholder, Guinea Bauxite. It can also move to a 75% holding via a longer-term deal after certain project milestones have been achieved on the project.

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