SEMAFO to Release Third Quarter 2010 Financial Results on November 10, 2010
MONTREAL, QUEBEC -- (Marketwire) -- 10/05/10 -- SEMAFO (TSX: SMF) today announced that record gold production at the Company's Mana Mine spearheaded another solid production performance of 65,500 ounces for the third quarter 2010, representing an increase of 5% over the same period last year.
Survey to Include Massala-Saoura Area with Grab Samples of Up to 13.8 g/t Au
MONTREAL, QUEBEC -- (Marketwire) -- 09/30/10 -- SEMAFO (TSX: SMF) announced the commencement of two new airborne geophysical surveys at its Mana District in Burkina Faso. A 985-km2 ultra high resolution low elevation helicopter borne magnetic survey will be carried out across most peripheral permitted properties and will virtually double our magnetic coverage in the area. We will also perform a 302-km2 HELITEM Lite electromagnetic ('EM') survey over part of the central Mana group of properties.
Results Also Expected to Extend Wona At-depth Open Pit Limits
MONTREAL, QUEBEC -- (Marketwire) -- 09/20/10 -- SEMAFO (TSX: SMF) today announced results from its drilling program on the Wona SW Zone at the Company's Mana Mine in Burkina Faso. The Wona SW Zone is located immediately southwest and parallel to the Wona Main Deep Zone. Core drilling results add significant underground depth potential for wider and higher grade mineralization, while reverse-circulation ('RC') drilling results significantly expand the up-dip open pit extension of the mineralization over one kilometer. These outstanding results will conceivably add new reserves to the Wona Pit.
MONTREAL, QUEBEC -- (Marketwire) -- 09/09/10 -- SEMAFO (TSX: SMF) today announced results from its delineation reverse-circulation ('RC') drilling program on the Kona Zone confirming the continuity of the mineralization at the Company's Mana Mine in Burkina Faso. The Kona Zone is located immediately northeast and on-strike with the Wona open pit
MONTREAL, QUEBEC -- (Marketwire) -- 08/04/10 -- SEMAFO (TSX: SMF) today announced its second quarter financial and operational results for the three-month period ended June 30, 2010. All amounts are in US dollars unless otherwise stated.
Discovery of New Fobiri Zone - Exploration Budget Doubled to $18.2 Million
MONTREAL, QUEBEC -- (Marketwire) -- 08/03/10 -- SEMAFO (TSX: SMF) today announced follow-up drilling results on the Fofina Zone, demonstrating good continuity of the zone with values of up to 4.44 g/t Au (5.57 g/t Au uncut) over 23 meters at Mana in Burkina Faso. In addition, reverse circulation ('RC') and air core ('AC') drilling conducted on Fobiri auger geochem anomalies returned significant drill intersections including 9.76 g/t Au over 3 meters, 5.44 g/t Au over 6 meters and 2.24 g/t Au over 21 meters. Ongoing excellent results on the property have prompted SEMAFO to allocate an additional $9,000,000 to Mana's exploration budget.
MONTREAL, QUEBEC -- (Marketwire) -- 07/28/10 -- SEMAFO (TSX: SMF) today announced the commissioning of the semi-autogenous grinding ('SAG') mill at its Mana Mine in Burkina Faso and the completion of phase two of the plant expansion.
Since the SAG mill start-up, throughput capacity reached up to 6,870 tonnes per day. Once fully commissioned, the
MONTREAL, QUEBEC -- (Marketwire) -- 07/26/10 -- SEMAFO (TSX: SMF) today confirmed that the Company's auger geochemical drilling program continues to be very successful with new priority targets on the Y1 and BC1 blocks at its Mana Mine in Burkina Faso. Both the Y1 and BC1 blocks are along strike with the Wona deformation corridor, host to the
MONTREAL, QUEBEC -- (Marketwire) -- 07/12/10 -- SEMAFO (TSX: SMF) today reiterated that the Company adheres to the highest corporate governance and business standards. SEMAFO and its Samira Hill Mine in Niger, operating under the name Societe des Mines du Liptako S.A. ('SML') have always been respectful of the Niger mining code, rules and
MONTREAL, QUEBEC -- (Marketwire) -- 07/08/10 -- SEMAFO (TSX: SMF) today announced that the Wona Southwest ('SW') Zone will become part of the underground feasibility study currently underway at the Mana Mine in Burkina Faso. Inclusion of the new exploration results combined with previous results from the Wona SW Zone have the potential to add
SEMAFO to Release Second Quarter 2010 Financial Results on August 4, 2010MONTREAL, QUEBEC -- (Marketwire) -- 07/06/10 -- SEMAFO (TSX: SMF) today announced that a strong performance at the Company's Mana Mine drove second quarter gold production to a record 68,200 ounces, representing an increase of 6% over the same period last year.
Pre-feasibility Results Contribute to Updated Reserves Total of 1.7 Million Ounces at Mana
MONTREAL, QUEBEC -- (Marketwire) -- 06/28/10 -- SEMAFO (TSX: SMF) is pleased to report updated mineral reserves totaling 1.7 million ounces for its Mana Mine in Burkina Faso. Pre-feasibility study ('PFS') of the Wona underground deposit combined with revised open pit reserves resulted in a 125% reserves increase, representing an additional 961,000 ounces at Mana. The increase in reserves is attributable to the addition of 850,000 ounces from the underground and 111,000 ounces from the open pit deposits. The PFS was conducted using SEMAFO's December 2009 resources model and is exclusive of all inferred resources and exploration work conducted to date in 2010. All amounts are in US dollars unless otherwise stated.
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