In addition to the Company’s flagship Diamba Sud project, Chesser holds interests in Diamba Nord, Bondal and Morichou.
Chesser holds 877km2 of tenements over prospective geological terrains similar to neighbouring world class gold mines on the Senegal Mali Shear Zone.
This regional licence is located within the Birimian Kédougou-Kéniéba Inlier in the south Eastern corner of Senegal.
The Diamba Nord project consists of two exploration tenements totalling approximately 242km2. The Project is located in eastern Senegal (Figure 1).
The Project sits within the northern part of the Mako Belt, a series of greenstone volcanic and sedimentary rocks. The Mako Belt hosts Senegal’s first commercial gold mining operation, Sabadola, as well as numerous other million-ounce gold operations; Mako and Massawa.
Exploration work to date has consisted of rock chip geochemistry, mapping and auger sampling. Numerous lower level gold geochemical anomalies have been detected, and pending completion of reconnaissance of the southern block, follow-up exploration activities are expected.
The Bondala license (total area of 207km2) significantly increases the landholding adjacent to and around the Diamba Sud gold project (Figure 1)
- Bondala is contiguous to the north of the Diamba Sud tenement covering an area of highly prospective Falémé group rocks and surrounds the 0.5Moz Karakaene deposit immediately to the west of Diamba Sud
- The Bondala license also covers an area along strike of the 1Moz Makabingui mineralisation, including the northern tenement area
The Mourichou license (total area of 431km2) covers an extensive area of Mako series rocks and is located near the Sabodala shear zone and close to Chesser’s Diamba Nord Project tenements (Figure 1).
Limited historical exploration has been undertaken over the area.