Gold Price$US 1214.34
TSX.V: ORG$0.405

Leading Exploration & Development in Mining Frontiers in Africa

Orca Gold Inc. is an emerging 200,000+ gold producer in Sudan and has defined a +1M-ounce resource on one of its highly prospective of gold properties in Côte d’Ivoire. Subscribe for Updates >>

Corporate Profile

Orca Gold Inc. (TSX-V: ORG) is a Canadian public company engaged in the exploration and development of mineral properties in East and West Africa. Orca is currently advancing its principal gold project, Block 14, in northern Sudan towards a production decision. The Company also holds a suite of highly prospective gold exploration properties in Côte d’Ivoire. One of these, Morondo hosts a maiden inferred resource totalling +1.2M oz of gold.

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.







Stock Info

Last $0.405
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Volume 115,170
Delayed 20 minutes

Feasibility Study on Block 14 Gold Project

At 6Mtpa, the Block 14 Gold Project is poised to produce 227,000 oz of gold over the first 7 years of the mine life (167,000oz/year Life of Mine) and demonstrates robust economics including a post-tax NPV10 and IRR of USD403M and 24.2%, respectively (see Company news release on November 8, 2018 for details). The project is located close to Sudan’s border with Egypt, 900km north of the capital Khartoum. Access to the project is by sealed road along the eastern bank of the River Nile to the town of Abu Hamad and then via a well used desert road to the project area.