Senegal

CIA Factbook
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Source: CIA Factbook

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• Senegal Google Satellite Maps
• Senegal Cities,Towns, Airports, Maps, Images
• Senegal Geology
• Senegal Geology-1
• Senegal Geology-2
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• Senegal Minerals

"Kumba sues Senegal for $667m"

Gold in Senegal

Gold Home

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Geology

Birimian-age volcanics and sediments in eastern Senegal, crossed by two prominent shear systems, host the gold mineralization.

• Oromin Explorations Ltd's (Canadian, OLE.V) exploration program is currently focused on three priority areas, Golouma, Niakafiri South and Masato.

• Randgold Resources Ltd (Nasdaq:GOLD; LSE:RRS) has 15 targets for drilling and is modelling the advanced targets of Bambaraya, Sofia and Delya for further diamond drilling. In February, 2008, the company announced high-grade results from drilling and continuous mineralization over a 2.8 kilometre strike length at Massawa.
  

• Mineral Deposits Limited (Australian), at its Sabodala deposit and satellite Niakafiri deposit, has outlined an initial measured and indicated resource of 8,22 million t grading 2,9 g/t Au, plus an inferred resource of 4,36 million t at 2,5 g/t Au. An initial study on the Sabodala gold project has indicated mineable reserves of over one-million oz to a vertical depth of 210 m based on a 1,2 g/t cut-off. Between a cut-off of 1 g/t to 1,2 g/t, some 2,5-million tons will be stockpiled and probably treated in the final year of operations. Plant throughput of two-million tons a year will produce an average of 150 000 oz a year over the mine life.

• AXMIN Inc.(TSXv:AXM) who recently announced that Harmony Gold Mining Company (NYSE:HMY; JSE:HAR) will fund at least US$4 million of exploration at three of its permits in Senegal, will use the funds to further explore a large number of gold targets identified at its Sonkounkou, Sabodala NW, and Heremakono permits.

• IAMGOLD Corporation (TSX:IMG; NYSE:IAG) is doing detailed geological and geophysical surveys on their remaining concessions to learn more about the geological controls affecting the mineralization identified to date.

Oil and Natural Gas

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• Natural gas production: 50 million cu m (2004 est.)

• In 2006, Hunt Oil planned to conduct seismic research on the Sangomar-Rufisque license offshore Senegal. Analysts estimate that the license area could contain upwards of 1 billion barrels of recoverable oil. Hunt Oil is the operator of the license with a 60 percent interest, and is joined with partners First Australian Resources (30 percent) and state-owned Societe des petroles du Senegal (Petrosen) (10 percent).

• In March 2005, Malaysian-based, Markmore Energy (a private oil and gas company wholly owned by investor Tan Sri Halim Saad) acquired a 55 percent stake in the Dome Flore Block. The block is located in a joint maritime exploration zone, which is controlled by Senegal and Guinea-Bissua and administered by the Agence de Gestion et de Cooperation (AGC). The Dome Flore Block contains an estimated 800 million barrels of heavy oil. Thirteen wells have been drilled on the block, and several have penetrated 10 - 13 API heavy oil deposits. Additionally, two wells have found much smaller deposits of 30 - 35 API light oil. Markmore Energy is joined with partners Sterling Oil (UK) (30 percent) and AGC (15 percent).
  
  
• Eni, as operator of the AGC-administered Cheval Marin Block, has a 48 percent interest and is joined with ExxonMobil (37 percent), Sterling Oil (10 percent) and AGC (15 percent). Seismic surveys were completed on the Cheval Marin Block in April 2002, and additional seismic surveys are being planned.
  

• Tullow Oil operates the St. Louis exploration licence with a 60% interest. Partners include Petrosen, Senegal's state oil company and Dana Petroleum plc. The licence covers the northern-most inshore section of the Senegalese offshore area and adjoins Mauritanian Block 1 in which the company has a 38% interest.

Source: Tullow Oil

Uranium

• UraMin Inc, through its 100% subsidiary, UraMin Exploration Limited, has entered into a Mining Convention with the Republic of Senegal to prospect for and, if economically viable, mine uranium and related minerals in the Saraya East region of Eastern Senegal. The area covered by the Mining Convention is described as "Saraya East" and is 2,992 km² in extent. The area was extensively explored by COGEMA-BRGM in a three phase program during the late 1950's, 1970's and early 1980's. Uranium mineralization was identified as being 'episyenite' hosted, resulting from hydrothermal remobilisation and alteration of the surrounding granites. A historical estimate of approximately 750,000 tonnes at an average grade of 0,24% U₃O₈, which equates to 3,8 million lbs of U₃O₈, was completed by COGEMA.