 |
| |
| | |
| | |
| |
| | |
Mano's Mandate
To create shareholder value through the identification, exploration and development of high quality mineral deposits in the West African Mano River Union countries of Liberia, Sierra Leone and Guinea. Exploration resources will be targeted at:
- delineating one or more open-pittable deposits, each containing in excess of one million ounces of recoverable gold and with advantageous operating costs
- identifying one or more diamondiferous kimberlites within the Bea and Kpo permits in Liberia, and the Kono and REPL permits in Sierra Leone
- entering into mutually beneficial joint ventures with co-operatives of local miners, so as to enhance their production and export of diamonds and gold
Mano has managed to preserve shareholder value, and position itself as an attractive target both for gold and diamonds, with the re-emergence of all three Mano River Union countries into the West African investment scene. Prestigious strategic partners have been brought in, particularly on the Company's diamond properties, always with the objective of preserving or enhancing shareholder value.
Corporate History
Mano was formed in 1998 by a reverse takeover involving the sale of the interests of Mano River Resources Ltd into Zicor Mining Inc. and a subsequent change of name to Mano River Resources Inc.
Mano River Resources Ltd, a BVI registered company, was founded in 1996 by Guy Pas. Mano and its subsidiaries, at the time of the reverse takeover, had spent over US$2.4m in establishing the in-country presence, acquiring, evaluating and exploring the properties.
Mano River Resources Ltd itself acquired upon its establishment in July 1996 the pre-existing assets of Golden Limbo Rock Resources Ltd in Guinea, of Golden Leo Resources Ltd in Sierra Leone, and exploration permits and extensive research in Liberia, for a total value of US$5m.
Golden Limbo Rock Resources Ltd had been actively exploring in Guinea since late 1994,and Golden Leo Resources Ltd researched Sierra Leone's potential in the course of 1995, subsequently applying for licences immediately following the election of 1996.
Licences were also obtained in Liberia where, in Monrovia, a Liberian geologist started assessing the geology in 1995.
|
| | |
|
