About SAMI

Building an international-scale gold mining company

We are building an international scale, environmentally responsible Suriname-focused gold mining company.

We are current progressing two properties including:

  • Emmakreek Concessions: three exploration licences covering an area of 93,600 ha. We aim to target production of >30,000 oz pa.
  • Brokolonga Concession: an exploitation licence containing an historic inferred resource of upto 400,000 oz of gold that is currently producing. We target production of >20,000 oz pa.

 
 

 

 

Location of our properties

Environment Friendly

Environmentally friendly. Socially responsible.

We use proven, environmentally friendly alluvial mining technology. We use no mercury, less water and energy, and deliver continual reclamation.

Emerging nations and alluvial mining have been particularly plagued by illegal mining and chemical usage. SAMI uses its environmentally-friendly advantages to operate in emerging nations and deliver:

  • system that remove mercury and other chemicals from water and land.
  • safe, reliable jobs for local populations.
  • corporate social responsibility initiatives to aid in development of towns.

Our core technology is at the pinnacle of environmentally-friendly mining technology.

  • AU recovery rates of above 75%.
  • Significantly less water usage than traditional alluvial mining technologies. – No chemical use.

Modern Alluvial Mining

The SAMI Advantage

It is an open secret in exploration, that you follow the artisan miners.  If their basic methods can make money, then a significant gold system cannot be far away.

We have developed a new approach to structured exploration mining.  We look for concessions with a history of alluvial mining where our modern alluvial mining approach can generate significant production. This allows us to immediately generate profits for investors and fund exploration for the underlying hardrock asset.

Our approach combines the advantages that an alluvial miner has of low CAPEX, low OPEX and a flexible modular approach to operations with the upside from finding world class mining assets.

 

 

 
 

Our approach is based on using tried and proven techniques and equipment but on a larger scale.

Our Advantage is based on a structured methodology that delivers:

  1. immediate cash flow and profit;
  2. JORC compliant resources and balance sheet value using our Alluvial Exploration Methodology;
  3. and self-funded exploration delivering potentially world class asset discoveries.

Our approach builds immediate profits and balance sheet value through developing JORC compliant resources.

Properties

Opportunities in the under-explored Guiana Shield

We are focused on the under-explored Guiana Shield in South America.

The region offers many geological similarities to the prolific greenstone belt of West Africa where numerous multi-million oz deposits have been discovered.  There has been relatively little exploration in Suriname and the neighbouring countries and it is likely substantial discoveries are yet to be made.

Focus on Suriname – a small, advanced mining friendly country

Suriname is a former Dutch colony of only 500,000 people. The economy has long been dominated by the natural resources sector and in particular the bauxite industry.

The country has several large gold mines including the Rosebel mine owned by IAMGOLD which has produced more than 3m oz of gold since 2004 and the new Merian Gold project owned by Newmont which began production in November 2017 and is targeting 500,000 oz pa.

In Suriname, we own the:

  • Emmakreek Concessions: three exploration licences covering an area of 93,600 ha. We are targeting production of >30,000 oz pa.

and we are finalising the ownership of:

  • Brokolonga Concession: an exploitation licence covering an area of 5,500 ha that may contain an inferred resource of upto 400,000 oz of gold that is currently producing. We target production of >10,000 oz pa.

 

 

 

Guiana-Birimian Shield
Comparison of gold discoveries in West Africa and Guiana Shield
Rosebel
View of IAMGOLD’s Rosebel mine from the air
Brokolonga Concession
The Brokolonga Concession is located approximately 20 km from IAMGOLD’s Rosebel mine.  Previous exploration, including limited drilling by IAMGOLD and Newmont, indicates the potential that the concession hosts an inferred resource of upto 400,000 oz of gold.  The concession covers approximately 5,500 ha. Access to the concession is by a well maintained 50 km mining road. During 2018, the previous owners carried out small scale mining using contract miners.  Production amounted to approximately 2,500 oz at a 30% recovery rate. Our plan for the concession includes immediately upgrading the production facilities and a formal exploration program to upgrade the resource to a reserve classification. SAMI holds an Exploitation License and all other approvals for operating.
Brokolonga Concession
Area 5,500 ha
Licence Exploitation
Target annual prod. >10,000 oz
Current prod. 2,500 oz in 2018
Status: preparing to expand operations
Emmakreek Concessions
The Emmakreek Concessions cover 93,600 ha to the west of our van Heemstra Concessions.  They are at an early stage of exploration.
Emmakreek Concessions
Area 93,600 ha
Licence Exploration
Target annual prod. >30,000 oz
Target first commercial prod. 2021

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