WARABA

Phase 1 - 12,070 RC meters + 5,590 meters RAB Drilling Program

Units

Unit Costs

Budget ($USD)

Drilling Platform
(Contractor + Fuel)

12,070

$80 USD / Meter

30,000

Contractors & Earthwork RC Drilling
(incl field costs, consumable, equipment)

5,590

$40 USD / Meter

965,600

Contractors & Earthwork RAB Drilling
(incl field costs, consumable, equipment)

21,192

$14 / Sample

223,600

Sample assay charges
(incl QA/QC samples)

296,688

Staff Salary, Accommodation and Logistics

193,678

TOTAL

1,709,566

Phase 2 - 15,000 meters RC + 2,000 meters DD Drilling Program

Units

Unit Costs

Budget ($USD)

Drilling Platform
(Contractor + Fuel)

12,070

$80 USD / Meter

30,000

Contractors & Earthwork RC Drilling
(incl field costs, consumable, equipment)

5,590

$170 USD / Meter

1,200,000

Contractors & Earthwork DD Drilling
(incl field costs, consumable, equipment)

21,192

$14 / Sample

340,000

Sample assay charges
(incl QA/QC samples)

285,000

Staff Salary, Accommodation and Logistics

271,149

TOTAL

2,126,749

TOTAL Exploration Budget for 2023/2024

3,836,315

Subscribe

Want to learn more about our exploration efforts in Mali?
Sign up for our newsletter below to learn about
our exciting new discoveries.