Allied Gold Corporation provides an update on exploration activities at its Sadiola Mine in Mali, West Africa, with plans for expansion. The mine is expected to produce up to 400,000 gold ounces per year at lower costs. Exploration goals include adding 3.5 million ounces of new Mineral Resources to the existing inventory.

New discoveries and zone extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend show significant intercepts of gold mineralization. Exploration drilling aims to expand mineral resources and reserves at Sadiola, with most zones open along strike and at depth. The Company’s five-year exploration target is over 14 million ounces of Mineral Resources.

Allied Gold’s exploration program continues to deliver strong results, increasing operational flexibility and optionality for future production. The Phase 1 Expansion at Sadiola will allow for increased efficiency and performance, with plans for a Phase 2 Expansion to further boost production to an average of 400,000 ounces per year.

Detailed drill data and summaries are available for significant drill intercepts at Sadiola Main, Tambali, Sekekoto West/S12, FE2 Trend, and FE3/4 Trend. The Company’s exploration strategy aims to improve its production profile, cash flows, and overall value creation, leveraging its ongoing expansion plan.

The Company is focused on creating long-term value through exploration, with a commitment to sustained growth and development. Allied Gold aims to become a mid-tier, next-generation gold producer in Africa, with a strong track record of operational success and mineral endowment in key mining assets.

Read more at GlobeNewswire: Allied Gold Reports Exploration Results at Sadiola