Karma is a mesothermal, shear-hosted gold deposit. The soft nature of the open pit material allows the majority of the ore and waste to be excavated without blasting, making it a low cost operation. Production began in early 2016 from five open pits and ore is processed with conventional heap leaching. Recoveries range between 85% and 90% and gold production from Karma totaled 97 kozs during 2019.
Karma hosts a target-rich landscape with the essential hallmarks of a multi-deposit environment. The property consists of six contiguous exploration permits (Goulagou, Rambo, Kao, Rounga, Youba, and Tougou) totaling more than 900 km2 and includes more than 45 high-priority targets with high-grade rock values associated with gold-in-soil anomalies and historical workings that remain untested.
The Proven and Probable Reserves as of December 2019 totaled 9.2 Mt of 0.99 g/t material for 293 kozs of contained gold. Cut-off grades range from 0.3 to 0.8 g/t depending on the metallurgical character of the rock, including oxide, transition and sulphide material.