Orca Gold Inc. (TSX-V: ORG) is a Canadian public company engaged in the acquisition and exploration of mineral properties in North and West Africa. Orca's principal asset is the Block 14 gold project, located in northern Sudan (near the border with Egypt).
A Preliminary Economic Assessment (PEA) was completed on the Block 14 project in July 2016 which has been updated in May 2017. On the strength of the latest study in addition to the discovery of a significant water aquifer that will support a larger operation, the Company is proceeding directly to a Feasibility Study (FS), which is scheduled for completion in May 2018.
In February 2017, Orca announced a deal with Kinross Gold Corporation whereby Orca will acquire all of Kinross' property rights and interests in the West African country of Côte d'Ivoire. Upon closing of this transaction Kinross will own an 8.6 % interest in Orca. Orca has commenced exploration on this very prospective property package.