TegaGold super header - golden African map

Socio-Economic Development Centre

We consult with our clients to provide customized solutions through on-the ground participation and engagement for each exploratory project in Africa.

Our goal is to positively contribute to the social-economic development of African communities by implementing the right frameworks and solutions. Our frameworks respect the social dynamics and cultural beliefs of every community we engage with.

Our partnerships provide access to:

  • Projects in need of investors, exploration expertise and resources.
  • Investors, organizations, and stakeholders in search of projects to invest in or explore.

Projects

Guinea Mining Project Header

Guinea

Introduction

  • Guinea is a natural resource-rich country with tremendous potential in agriculture, hydropower and of course mining
  • The mining industry accounts for around 85% of exports, 25% of government revenues and provides more than 20% of the GDP
  • Actions focused on attracting massive and high quality investments in order to make the mining sector a true catalyst for the national economy

New Dynamic in the Mining Sector

The country was ranked by the World Bank in 2017 among the top five (5) reformer countries:

  • A total investment of more than $10 billion is expected between 2016 and 2025, including more than $3 billion currently being carried out in the field.
  • Bauxite production jumped from 18 MT/year in 2015 to 60 MT/year in 2018. Guinea is the largest supplier of bauxite to China.
  • This new dynamic has created more than 17,000 direct jobs and more than
    50,000 indirect jobs.
  • New refinery projects are underway and two new mineral ports have been
    established with international key certification.
  • New corridors along new railway projects are being developed in previously
    landlocked areas.
Guinea map
Guinea infrastructure - train
Guinea infrastructure - highways
Guinea mining work site

Building Trust and Strengthening the National Economy

Thanks to a dynamic mining industry , the size of the Guinean economy has more than doubled over the past decade:

  • The country’s GDP grew from $4.74 billion USD in 2010 to $6.3 billion USD in 2016 and $10.49 billion USD 2017
  • State revenues from mining have more than doubled as well, going from less than $150 million USD in 2012 to close to $400 million USD in 2018
  • Positive externalities from mining projects have also help boost many sectors of the economy including agriculture, transports, technology etc
  • Guinea received $20bn USD pledges to fund its Five-year (2015-2020) development plan with banks, private players and governments in Paris
    on November 2017

Remaining Challenges

Challenges that the government is addressing:

  • Capacity building to support, manage and control projects throughout their entire lifetime
  • The economic, social and environment impact of mining projects
  • Infrastructure (Energy and Transport). To reduce the cost of mining projects the Government is promoting the use of shared infrastructure
  • Geological Survey to increase knowledge, diversify the economy and make a better use of the geographical space

For more details and questions, please contact projects@tegagold.com.

Nigeria - Carbonate Rocks Project - header

Exploration and Investment Opportunities

Occurrences:

Carbonate rock occurrences are reported in almost all the States across Nigeria. These occurrences are found in the form of limestone, marble (dolomites and calcites) and magnesite.

Extensively studied occurrences are mainly deposits of limestone while studies have also been carried out on marble and magnesite deposits in fewer locations. These deposits and occurences are in Sokoto, Gombe, Benue, Kogi, Kwara, Edo, Oyo, Ogun and Cross River States. These deposits are supporting active lime and cement plants.

The resource base of the known limestone deposits is about 2.3 trillion tonnes with 568 million tonnes of proven reserves. The resource size of marble (calcitic and dolomitic) has not been adequately quantified, however a resource base of > 300 million tonnes has been estimated in one of the states investigated.

Nigeria - Carbonate Rocks Project - deposit map
Map of Nigeria showing locations of carbonate rock deposits

Geological Setting:

Carbonate deposits occur principally in two modes in Nigeria; Limestone deposits are associated with Cretaceous inland sedimentary Basins in Nigeria. Shallow coastal marine conditions favorable for limestone formation appear to have occurred several times in the geological history of the basins. Deposition of this mineral is related to the transgressive and regressive cycles in the basins which occurred during the opening of the Gulf of Guinea.

Marble deposits occur as lenses within the migmatite-gneissschist-quartzite complex as relicts of sedimentary carbonate rocks. These are Upper Proterozoic schist belt metasediments which are normally marked by a general absence of carbonates. Two basic types have been identified in these setting viz: i) Calcitic ii) Dolomitic.

In cases where the proportion of the calcitic type is dominant and found suitable for the Portland cement manufacture, cement plants utilize these raw materials. E.g Ukpilla, Edo State, and Obajana, Kogi State.

Other types are used for decorative stone and production of ground rock for industrial uses. (Jakura in Kogi, Kwakuti in FCT, Igbetti in Oyo State, Oreke, Oke Oyan, Isale Osin, Eleja, Owa Kajola, Ibare Gboloko, Babaloma and Lanwa all in Kwara State, Obudu in Cross River State). Large marble deposits occur in the Muro Hills and at Ugya in Toto Local Government Area of Nasarawa State. The deposits in these areas (Muro Hills and Ugya) are being mined sparingly and locally.

Nigeria - Carbonate Rocks Project - Geological Map
Simplified Geological Map of Nigeria showing the inland Basins of mostly Cretaceous age
Nigeria - Carbonate Rocks Project - limestone bed
Limestone bed intercalated with shale (white dashed lines) exposure at Yandev quarry, Middle Benue Trough
Nigeria - Carbonate Rocks Project - core logs
Lithological description and correlation of core logs in Sakasimta magnesite deposit

Investment Opportunities

Most of the limestone deposits in Nigeria are largely used for cement production, while the marble deposits are used for both cement manufacture and other industrial purposes such as chemicals, agrominerals and dimension stones. This is borne out of the variability in their chemical composition and
industrial applicability.

The Nigerian Geological Survey Agency recently evaluated the marble resources in several localities. Findings established that the marbles are largely high magnesian dolomites (>20 % MgO) with a small proportion of calcitic (<5% MgO) types. These types of dolomites could be suitable for production of magnesium amongst other uses. China is the largest world producer of magnesium, this it produces using dolomites!

Available Data

  • Maps
  • Geochemical data
  • Core logs
  • Reports

Investment opportunities abound in the following areas

  1. Applying for mineral titles with a view of wholly owning the mining rights.
  2. Partnering with existing title holders for detailed exploration as consultants and specialists.
  3. Partnering with existing title holders in joint venture agreement to explore, mine and market resources of areas of interest.
  4. Legal transaction in commodities won in quarries and operations for export.

Uses

Most of the limestone deposits in Nigeria are largely used for cement production, while the marble deposits are used for both cement manufacture and other industrial purposes such as chemicals, agrominerals and dimension stones.

Hitherto Nigeria had an installed capacity of 4.03 Million Metric Ton Per Annum (Mmtpa), but was producing only 2 Mmtpa making the nation a net importer of cement to meet the supply deficit. However, the implementation backward integration policy which mandated importers of cement to show evidence of building cement plants to utilize limestone/calcitic marble deposits in the country before being granted import licenses and other incentives provided the impetus for local entrepreneurs such as Dangote industries limited to commence building one of the largest cement plant in Africa. Currently the national demand for cement is about 18.5 Mmtpa; this demand is being met by the eight cement plants in the country.

Nigeria now produces 28 MMTPA and has a total installed production capacity of 45 Mmtpa. Within the last 10 years, government policy has driven Nigeria to become self sufficient in cement production and now aims to be a net exporter.

Potential investors are invited to contact them following for further information:

www.mmsd.gov.ng
www.ngsa-ng.org
dgoffice@ngsa-ng.org
events.promotion@fmmsd.gov.ng

Nigeria - Gold Project - header

Exploration and Investment Opportunities

Mineralization:

Gold in Nigeria is found associated with the supracrustal (schist) belts in the northwest and southwest of Nigeria. The most important occurrences are found in the Maru, Anka, Malele, Tsohon Birnin Gwari-Kwaga, Gurmana, Bin Yauri, Okolom- Dogondaji and Iperindoareas. There are also a number of smaller occurrences beyond these major areas. Several notable projects have been developed along these belts such as ISSHASS Nig limited, Segilola Gold, Harvest Mining, IOM limited etc.

Opportunities abound for discoveries of world class gold deposits in this prolific belts.

Geological Setting:

Nigeria Archean to Lower Paleozoic basement rocks consist of a migmatite-gneiss-quartzite complex. They bear imprints of Liberian, Eburnean and Pan-African tectonic events. The enclosed schist belts lithologies consist of upper Proterozoic fine grained clastics, pelitic schists, phyllites, banded iron formations, marble and amphibolites with imprints of the Kibaran and Pan-African tectonic events. Metamorphism within the belt is that of green schist facies grading into amphibolites, especially in the older Gneiss migmatitequartzite complex, with lesser volumes of volcanic rocks.

Structural Setting:

Gold mineralization in Nigeria is the orogenic type which is controlled by deep seated curvilinear transcrustal fracture system. These deep seated fracture systems, Anka-YauriIseyin (AYI) and Kalangai-Zuru-Ifewara (KZI) are believed to serve as conduits to the subsidiary fractures which are linked to these major fractures and form sites of gold deposition.

Structural Setting:

Gold mineralization in Nigeria is the orogenic type which is controlled by deep seated curvilinear transcrustal fracture system. These deep seated fracture systems, Anka-YauriIseyin (AYI) and Kalangai-Zuru-Ifewara (KZI) are believed to serve as conduits to the subsidiary fractures which are linked to these major fractures and form sites of gold deposition.

Modes of gold occurrences are:

  • Alluvial and eluvial placers
  • Primary gold mineralization which commonly occurs in quartz
  • Morphologic types include bedding concordant veins or discordant vein system. Mineralized wall rocks are common adjacent to known veins and may be impregnated with fine grained sulphide minerals.
Nigeria - Gold Project - gold projects map
Map of Nigeria showing locations of some gold projects
Nigeria - Gold Project - airborne and geochemical map
Integrated Airborne and Geochemical Map showing locations of some gold districts and structural controls
Nigeria - Gold Project - geochemical map
Geochemical map of a prospect showing gold distribution in stream and soil
Nigeria - Gold Project - airborne data
Interpreted airborne data over targets
Nigeria - Gold Project - geochemical map
Geochemical map of prospect 2 showing gold distribution in stream, soil and rocks
Nigeria - Gold Project - core hole data
Core hole data and analysis

Available Data

  • Geochemical Maps
  • Airborne and ground geophysical data
  • Structural maps
  • Analytical data of areas investigated
  • Core logs
  • Reports (Regional and prospect)

Investment opportunities abound in the following areas

  1. Applying for mineral titles with a view of wholly owning the mining rights.
  2. Partnering with existing title holders for detailed exploration as consultants and specialists.
  3. Partnering with existing title holders in joint venture agreement to explore, mine and market resources of areas of interest.
  4. Legal transaction in commodities won in quarries and operations for export.

Potential investors are invited to contact them following for further information:

www.mmsd.gov.ng
www.ngsa-ng.org
dgoffice@ngsa-ng.org
events.promotion@fmmsd.gov.ng

Nigeria - Iron Ore Project - header

Exploration and Investment Opportunities

Location:

Enegbaki Akpogu, Koton- Karfe LGA, Kogi State. About 9km East of Akpogu village along Abuja – Lokoja road.

Geology of the Iron Ore Project Area:

The geological setting of the project area is similar to the Koton-Karfe and Agbaja iron ore deposit. The area lies within the Bida-basin. It is a shallow trough filled with marine to floriated strata of Campanian – Maastrichtian age. The deposit occurs as sedimentary ores of Oolitic iron stones, consisting of Oolitic and Pisolitic iron stones extending from the Koton-Karfe ridges. The iron ore bearing steep slope plateau trends in a NE – SW direction with an average height of 263m above sea level.

Exploration History:

Exploration carried out in an area of approximately 1km2.
Twenty five core-holes drilled to depths between 21 and 42m.
The thicknesses of iron ore body range from 7.02m to 16.32m.

Reserve Size and Characteristics:

Reserve: proven (27.15 million tonnes).
Iron ore type: Limonite, Magnetite, Hematite.

Nigeria - Iron Ore Project - geological map
Geological map of Nigeria inset location of Enegbaki Akpogu Iron Ore Project (Modified After Obaje)
Nigeria - Iron Ore Project - borehole locations map
Available Data: Maps of iron ore project area & bore hole Data maps
Nigeria - Iron Ore Project - airborne data
Available Data: Regional airborne magnetic Data

Available Data

  • Geochemical Maps
  • Contour Maps
  • Core logs
  • Sections
  • Analytical Data
  • Reports

Infrastructure

  • Accessible by road.
  • Access to Airport – Abuja, Makurdi and Enugu.
  • Access to inland waterways and sea port.
  • Export Processing Zones and Free Trade Zones.
  • Telephone –GSM Service.

Investment opportunities abound in the following areas

  1. Applying for mineral titles with a view of wholly owning the mining rights.
  2. Partnering with existing title holders for detailed exploration as consultants and specialists.
  3. Partnering with existing title holders in joint venture agreement to explore, mine and market resources of areas of interest.
  4. Legal transaction in commodities won in quarries and operations for export.
Nigeria - Iron Ore Project - geochemical analysis data
Geochemical Analysis Data

Potential investors are invited to contact them following for further information:

www.mmsd.gov.ng
www.ngsa-ng.org
dgoffice@ngsa-ng.org
events.promotion@fmmsd.gov.ng

Nigeria - Lead Project - header

Exploration and Investment Opportunities

Mineralization:

Lead mineralization in Nigeria occurs in two contrasting geological setting and mineralization styles. These are:

  • Mississippi Valley Type (MVT) lead-zinc mineralization hosted in the sedimentary rocks of Middle and upper Benue Trough
  • Lead-Gold-Silver and Copper veins found in the Basement Complex rocks

Geological Setting

Lead-Zinc occurrences in Nigeria are reported to be associated with saline water intrusion in the sedimentary basins or fractured/shear zones in crystalline rocks. The mineralization is often associated with minor to significant amounts of copper and silver. They are found occurring as lodes filing the fractures within the sedimentary rocks in the Benue Trough as well as in Crystalline Basement rocks. The Benue Trough, is believed to have originated as a failed arm of an aulacogen at the time of the opening of the South Atlantic oceans during the separation of the African plate and the South American plate.

Modes of Mineralization

Lead/Zinc mineralization in the Benue Trough (occur dominantly as open-space filling within en echelon tensional, steeply-dipping fracture systems, commonly astride anticlinal axes. The principal ore minerals are galena and sphalerite. Other metallic minerals include copper ores such as chalcopyrite, enargite, marcasite and tetrahedrite. These minerals occur in lodes and veins infilling open fractures in the sedimentary formations in three areas along the the Benue Trough, respectively around Ishiagu- Abakaliki-Agbaja in the Abakaliki Anticlinorium, Akwana-Arufu where the basement outcrop approaches the centre of the Middle Benue Trough, and from Wase, through Zurak to Gwana in the Middle and Upper Benue.

Lead-Gold-Silver and Copper veins are found notably within the schist belts where the are have interestingly high gold and silver contents. Some of these area are within the Anka schist belt. Zungeru schist belt and the Ag-enriched Pb-Au-Ag-Cu veins of Baban Tsauni area near FCT. Geochemical assay data of samples of these veins indicated values reaching 41.8% Pb, Ag 746ppm and Au 27ppm.

Nigeria - Lead Project - airborne data
Airborne data of Benue Trough area showing some Pb-Zn operations
Nigeria - Lead Project - Lead-Gold-Silver-Copper ores
Pb-Au-Ag-Cu ores
Nigeria - Lead Project - geological map
Geological map of Benue Trough
Nigeria - Lead Project - geochemical map
Geochemical map of a prospect element distribution in stream sediments and soil
Nigeria - Lead Project - airborne and structural interpretation
Airborne and structural interpretation of the schist belt showing some controls on Pb-Au-Ag-Cu mineralization
Nigeria - Lead Project - geological map
Geological map of a prospect

This type of mineralization is indicative of polymetallic base metal enriched sulphide mineralization. The presence of anomalous gold concentration in the lead ore associated with silver suggests the possibility of the gold in solid solution with lead and silver occurring primarily as a sulphide. Investigation in one of the identified Pb-Au-Ag-Cu districts yielded a median resource size of 360 – 810,000 tonnes at 17 to 21% Pb, 10 to 12 g/t Au, 97 to 121 g/t Ag and 0.1 to 0.13 % Cu

Available Data

  • Geological maps
  • Geochemical maps and data
  • Airborne data
  • Reports occasional papers and Bulletins

Investment opportunities abound in the following areas

  1. Applying for mineral titles with a view of wholly owning the mining rights.
  2. Partnering with existing title holders for detailed exploration as consultants and specialists.
  3. Partnering with existing title holders in joint venture agreement to explore, mine and market resources of areas of interest.
  4. Legal transaction in commodities won in quarries and operations for export.

Potential investors are invited to contact them following for further information:

www.mmsd.gov.ng
dgoffice@ngsa-ng.org
events.promotion@fmmsd.gov.ng