African Gold Group Inc (CVE:AGG) (OTCMKTS:AGGFF) (FRA:3A61) has updated investors on the progress of its corporate social responsibility (CSR) projects during the first quarter of this year in the Kobada region in Mali, which have included the rehabilitation of a key crossing on the Niger river.
The firm is advancing its Kobada gold project towards a mine, targeting production of 100,000 ounces a year by the second quarter of 2022.
The Samaya river crossing is a major access route from Mali's capital Bamako to the mine site and every year crossing points become flooded. Now, substantial improvements to the road and a fully concreted ramp to the pontoon on the Samaya side is being constructed, said African Gold.
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"Our dedicated team at Kobada has continued to deliver real, sustainable value to our local communities through multiple corporate social responsibility projects," said Danny Callow, African Gold Group CEO, who added that the company was committed to building strong relationships with the local village and regional chiefs.
"These projects continue to provide relief and assistance where it is needed most, and we hope to continue to build on a very strong start in 2021 as we move through the rest of the year," Callow added.
In addition, works on repairing the roads through Kobada village and repairing bridges have resulted in smooth passage along critical routes for goods and people in the last six months. Ongoing work is now focused on drainage channels before the onset of the rainy season.
The company has also created a small-scale market garden within its land package to assist in training local personnel on the variety of vegetables that can be grown in the region. So far, more than 100 vegetable beds have been developed and this is set to increase as more people go through the training.
These CSR projects are part of the development of the company's overall environmental and social management plan (ESMP).
The Kobada project is in Mali, Africa’s fourth-largest gold-producing nation. It lies 126 kilometres south-west of the capital Bamako.
African Gold Group is focused on building Africa’s next mid-tier gold producer.
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