Assay TV catches up with Michael Anderson, Managing Director of Firefinch Ltd (ASX: FFX), an ASX-listed gold producer and lithium developer based in Mali, West Africa. Michael updates us on Firefinch’s two assets – the Morila Gold Mine and the Goulamina Lithium Project.
The Morila Gold Mine has produced 7.5Moz of gold since 2000 and the company’s focus has been on increasing gold production (currently 40,000oz from tailing treatment). Exploration will be a major focus at Morila, with multiple high-priority targets on the 685km2 of surrounding tenure.
Firefinch’s Goulamina Lithium Project is one of the world’s largest undeveloped deposits and has the potential to be a significantly low-cost producer. Michael informs us that all the permits are in place, a Definitive Feasibility Study is complete, and a global resource of 109Mt at 1.45% Li2O with 1.57Mt of contained Li2O has been declared.
Website: firefinchltd.com
Primary ticker: ASX:FFX
Stages of development: Exploration, Development, Production
Commodities: Gold, Lithium
Projects to promote: Morila Gold Mine, Goulamina Lithium
Project location: Mali
Mining investment news, insights, and company profiles
The Assay TV – Michael Anderson, Managing Director, Firefinch (ASX:FFX) – 19/5/2022
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