Amara Mining, previously Cluff Gold plc, was formed in November 2003. The Company floated on the London Stock Exchange's AIM in December 2004. In October 2012 the Company changed its name to Amara Mining plc and trades under the ticker "AMA". 9.6Moz Mineral Resources
The Company has the largest resource base of any London-listed junior gold miner and Yaoure is the largest gold deposit in Côte d’Ivoire with 6.8 million ounces of Mineral Resources (4.4 million ounces Indicated and 2.6 million ounces Inferred).Rapid growth profile
Yaoure has the potential to produce 247,000 ounces per annum over a 10 year mine life, which ranks the project as one of the top 20 gold mines in Africa by production. Its operating costs are also among the bottom 5 in Africa, generating compelling returns for investors.Fully-funded to deliver Bankable Feasibility Study for Yaoure
Amara raised US$22 million through a placing in Q1 2015 and it is now fully-funded to deliver a Bankable Feasibility Study for Yaoure in H1 2016. An in-fill drilling campaign at the project is now underway and a Mineral Resource update is expected in Q4 2015.Experienced management team
Since John McGloin, Chairman and Chief Executive Officer, joined Amara in April 2012, the Company's resource base has more than doubled, adding significant value to Amara. John's background is in resource geology, complimented by extensive capital markets experience as an analyst. Pete Gardner, Finance Director, is a chartered accountant with strong corporate finance experience. A low risk approach
Amara adopts a low-risk approach in all of its activities and while focus in 2015 is on Yaoure, the Company has a second strong growth opportunity in its Baomahun Gold Project
in Sierra Leone.
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