African Gold Group DFS on track for Q2 despite COVID-19 measures

TSXV-listed explorer African Gold Group remains on track to deliver a definitive feasibility study (DFS) for its Kobada Gold Project in Mali, despite making operational changes in light of the COVID-19 outbreak this year.

The Canadian company said in an update yesterday that the pandemic had so far made no considerable impacts on the development timeline for Kobada, which has received comprehensive drilling throughout 2019-20.

While there have been no confirmed cases of COVID-19 infection reported by any of the company`s employees or contractors, African Gold Group has enacted a strict response plan to ensure the well-being of all its people.

On the ground, the workforce has been reduced to key personnel only and continues to operate with strict social distancing rules, the firm said.

“The company will continue to review its response to COVID-19 to ensure the well-being of its employees and the business is safeguarded, especially as lockdown restrictions are lifted and employees start returning to work,” read the statement.

African Gold Group has also implemented a rapid response plan to ensure operational readiness when international travel restrictions are lifted by the Malian government. This plan includes additional drilling across exploration concessions at Kobada.