Burkina Faso Exploration
Burkina Faso is located in West Africa and shares the same highly prospective Birimian geology that underlies Ghana, Mali, Guinea, Cote d'Ivoire, Senegal and Niger. West African greenstone belts cover approximately 3, 000, 000 km² with Burkina Faso accounting for 22% making the countries exploration potential enormous.
Burkina Faso exploration remains in its infancy compared to Ghana and Mali where the advanced exploration climates are host to most of the major West African Gold Mines. Exploration in Burkina Faso has recently increased with the country’s new mining code announced in 2003 which is mining friendly. Since 2003, six mines have opened in Burkina Faso and total gold reserves and resources have tripled. Burkina Faso is poised to become the fourth largest gold producer in Africa after South Africa, Ghana and Mali.
Burkina Faso is experiencing significant infrastructure improvements, economic growth, security and stability.