Senegal was initially selected by the founding directors for the substantial potential of its under-explored Birimian greenstone gold belt, which extends into the bordering countries of Mali and Guinea. The Bassari permits covered a large area located in the Birimian belt.
The permits are in the Keneiba inlier which host several multi-million ounce gold deposits, and extends into the bordering countries of Mali and Guinea.
Senegal has established itself as an attractive country for gold exploration, having a stable, democratically elected government and highly prospective geology.
Senegal is located in the north west of Africa on the Atlantic coast, with neighbouring countries Mauritania to the north, Guinea to the south and Mali to the east (refer Figure 9). Senegal is a relatively small country, approximately the size of Victoria (Australia), and has a population of ~12 million. The capital of Senegal is Dakar situated at the western-most point on the coast.
Figure 9 - Location of Senegal, West Africa