The Baniaka Hub hosts a strike length of 121km of iron mineralisation and includes the exploration ground outside of the Baniaka mining permit area (Baniaka Extended) and the Bakoumba iron ore project. Only 13% of the iron mineralisation identified by Genmin has been drill tested to date, leaving more than 100km of resource upside.
Bakoumba is an advanced exploration project with defined drill targets, which comprises the Bakoumba and Mafoungui exploration licences covering an area of 1,836 km2.
The Baniaka Hub is part of the Magnima Greenstone Belt, prospective for iron and precious metals, in the Chaillu Massif basement. Previous explorers have focussed on base and precious metals with limited iron exploration.