Greenfield Exploration, Senegal

Overview

Greenfield Exploration, Senegal

Resolute is involved in four exploration projects in Senegal, the Tomboronkoto Joint Venture (JV), Bantaco JV, Laminia JV and 100% owned Sangola project. All four exploration projects are within 50km of the Mako Gold Mine.

Tomboronkoto

Tomboronkoto is a single prospect located 16km east of the Mako processing plant. Internal technical studies outlined an Ore Reserve at Tomboronkoto of 9.1 Mt grading 1.2 g/t Au for 348 koz of contained gold.

Resolute plans to submit the Tomboronkoto mining permit application in Q2 2026 with, approval anticipated in 2027 assuming no major revisions are required.

Bantaco

Bantaco consists of five prospect areas (Baisso, Bantaco West, Bantaco Central, Bantaco Main and Bantaco South). These are located approximately 20km from the Mako processing plant.

The Bantaco West and South prospects have a Mineral Resource Estimate of 11.0 Mt grading 1.0 g/t Au for 365koz of contained gold.

Resolute plans to submit the Bantaco ESIA in Q2 2026 and Mining Permit in Q3 2026.

Laminia

The Laminia Project is located east and contiguous with the Bantaco area. The project covers the southern extensions of the Massawa Shear zone which controls the gold mineralisation hosted in the Massawa Deposits.

Auger drilling in the northwestern part of the permit covering the southern extensions of the Massawa shear zone, delineated a 3km gold anomaly open to the South. Subsequent RC drilling encountered encouraging results. The eastern part of the permit covers the southern extension of the Makosa (Thor Exploration) and Makabingui (Bassari Resources) shears.