PROJECTS OF AVASYA RESOURCES
The company’s focus is on the discovery and development of precious & Base metal deposits and Heavy
Minerals over its own mineral concession areas in Africa & Asia
The Avasya Resources’ portfolio is
extensive and exhaustive with
commitments towards ONE Mining
Lease and THREE Exploration Licences
for Gold, cumulatively covering an
area of 446 sq.km. ONE Exploration
License for Base metals covers an area
of 380 sq.km and THREE Exploration
Licences for Heavy Mineral sand
covering an area of 536 sq.km in
different countries in Africa.
ASR Mining Pvt Ltd was incorporated
in 2007 at Hyderabad, India and the
Business name has been changed to
Avasya Resources Pvt Ltd in 2016. The
Company has country specific wholly
owned subsidiaries through ASR Global
Pte Ltd, Singapore
Ghana has been producing and exporting Gold for Centuries and is Africa’s 2nd
largest and World’s 10th largest Producer of Gold.
As of December 2013, 13 large scale producing mines, 235 Reconnaissance &
Prospecting licenses have been awarded to Ghanaian and Foreign entrepreneurs.
About 90 Million tons of Gold ore was produced in 2014 and an amount of $13.4
billon was invested in Mining during 1983-2012.
Major Gold Producing are the Ashanti, Asankrangwa and Sefwi-Bibiani Belts.
About 160 Million oz of Gold was estimated in these three belts
Ashanti Belt - 115 M. Oz
Asankrangwa Belt - 10 M. Oz
Sefwi Bibiani Belt - 25 M. Oz
AVASYA Resources had incorporated Dharani Mining Limited in 2010. Dharani Mining has two joint ventures and one wholly owned Licenses in SW-Ghana located on the three major producing gold belts.
This license area consists of both Alluvial Gold bearing gravel and Hard rock Gold over an extent of 15.62 sq km.
Located at the district capital of Wassa Akropong in the Wassa Amenfi East district of the Western Region of Ghana.
Geologically, this area lies on the Ayanfuri-Wassa Akropong Gold sub-belt, it is parallel to the main Ashanti Gold Belt.
Successful exploration has proven 4 sq km of Gold Bearing gravel bed.
Exploration in the Hard rock area is in progress and expected to be completed within two years.
EIA studies are in progress for obtaining EPA permit for Alluvial Gold Mining.
This license area consists of both Alluvial Gold bearing gravel and hard rock gold over an extent of 74 sq km.
Located 30 Km NNW of Kumasi and 10km NNW of Offinso the District Capital of Offinso Municipal District of the Ashanti Region of Ghana.
Geologically, this area lies in the Kumasi Basin.
It lies northwest of the Asankrangwa - Manso Nkwanta gold belt & northeast of the Bibiani Gold Belt of Ghana.
Successful exploration has proven 16 sq km of Gold bearing gravel bed.
Exploration in the hard rock area is in progress and expected to be completed within three years.
This license area holds promise for hard rock Gold over an extent of 56.28 sq km.
Located in the Tano-North District of the Brong Ahafo Region of Ghana.
Kumasi-Sunyani highway passes roughly through the middle of the Concession.
Geologically, this area lies on the Sefwi Gold belt. neighbouring deposits are the Ntotoroso zones(A to E), Kenyase, Yamfo, Subenso, Teekyere west, Bosumkese and Mankranho’s areas (I to IV) of Newmont Ghana Gold Limited.
Sustained efforts in exploration have proven presence of Gold in the concession.
Exploration in the Hard rock area is in progress and expected to be completed within four years
Sudan is Africa's 3rd largest Gold producer as of 2014. Ancient
historical records indicate that gold and iron mining in the country
existed under the kingdom of Meroe and also during the reign of
the kingdom of Nubia, the Pharaonic era, during the Roman
period. The name 'Neb' in the Nubian language means "gold" and
is attributed to the Nuba region. It was also called the "country of
metal" by the British. Artisanal gold mining operations currently
contributing to ~85% of the total national production.
The potential of economic gold deposits in Sudan is high. The pan-
African Ophiolite decorated sutures and greenstone belts in
Sudan, contain over 150 gold occurrences. Three main categories
of these occurrences are recognized; Gold in quartz veins
mesothermal gold deposits, Gold co-precipitated and associated
with massive sulphides and barite, and remobilized gold found in
(oxidation zones) gossans. Tertiary and quaternary, gold placers
are found in the subtropical areas.
Gold Mining Activities cover 14 of the 18 Sudanese states. Over 1 million miners participate in gold mining and
extraction. As of 2015, 12 large scale producing mines and 160 large scale exploration licenses held by Sudanese and
Foreign entrepreneurs. Small scale producing mines are 43 in number and 190 small scale exploration licenses
awarded to local Sudanese. In 2014, about 73.3 million tons of Gold ore was produced.
(Mineral Prospecting License)
This license area covers an area of 300 sq.km awarded to explore & exploit Gold and associated metals.
Located on the Onib - Sol Hamed belt,North of Onib, Red sea hills state, Sudan . Onib is a famous ancient mining village in Red sea hills.
Geologically, situated east of the Hamisana shear zone that separates the western gabgaba terrain from the Gebeit and Gerf terranes.
Successful exploration has proven 2.5 sq. km of Sheared & Altered and shear Gold Bearing rock formations.
Exploration is in progress and expected to be completed within two years.
HEAVY MINERAL SAND PROJECTS
Malawi traditionally, has been considered as an agro-based rather than mineral-based economy because of the
policies that Government pursued since attaining independence in 1964. As a result, there was a lack of mining
culture, little technical capacity and inadequate foreign and local investment which contributed to the slow
development of the industry.
Malawi hosts at least two billion tonnes of mineable heavy mineral sands around the shore of lake Malawi and along
the Shire river. Heavy Mineral sand deposits comprise high density minerals( Specific gravity more than or equivalent
4.2) that occur as disseminated, lenticular (or) layered concentration with sands and most commonly include Ti
minerals, Gold, Zircon, Monazite and Garnet. By far the most important resources in Malawi are the Ti mineral
(Exclusive Prospecting License)
This license area consists of Heavy Mineral Sands over an extent of 200 sq km. Located along western shores of lake Malawi from the Onaini, Nkhotakota District to Chikhu, Salima District.
Geologically, Constitutes Pleistocene to Recent Sediments .
A quantum of 2,284 meters were auger drilled over 129 sq km area.
Successfully established an area of 22.17 sq km with 6.2% VHM and estimated resources is 5 Mt of Ilmenite, 68 Kt of Rutile, 0.13Mt of Zircon and 0.15 Mt of Garnet.
Detailed exploration is in progress over remain part of the licence area.
SIERRA LEONE, WEST AFRICA
Sierra Leone is endowed with a large resource base. Primary mineral resources are diamonds, Rutile (Titanium
Oxide), Bauxite, Gold, Iron ore plus the recently discovered Oil and Gas deposit on the shores of the country in
Sulima towards the boundary with Liberia. Sierra Leone has a long history of mining, the sector having featured
prominently in the country’s economy since the early 1930s. Diamonds, Rutile, and Bauxite are currently being
mined by major mining companies, after an interruption from 1995 to 2005 due to the civil war.
Rutile was discovered in Sierra Leone in 1954 in the gravels of the Lanti River south of the Gbangbama
region in the southern province. Four groups of deposits are known to be distributed around the country: the
Gbangbama, Sembehun, Rotifunk and the Kambia deposit. Sierra Leone has the largest natural rutile reserve
in the world.
This license area covers extent of 85.71 sq km awarded for exploring Heavy Mineral sands.
Located along Coastal plains around Baba Barmot, Baba, Suen Barmot, Mokoni, Sea pot villages within the Ribbi chiefdoms and Ingland, Moyankor, Mogbakoh villages within the Bumpeh chiefdoms and Mai, Rembe, Njabama, Taintain, Yondu Fakai, Mogbagura and Thegbe villages within the Kagboro chiefdoms in Moyamba District, in the Moyamba District, Southern Province and in the Western Area in the Republican State of Sierra Leone.
Geologically covered by Bullom group sediments.
Exploration has proven presence of Heavy Mineral bearing sands
This license area covers an extent of 247.45 sq km awarded for exploring Heavy Mineral Sands.
Located offshore around Cheppu, Bebu villages within the Dema chiefdoms and Kobo, Chongol, Gambo, San, Mange, Gbie, Bongo, Sabi, Basti’s landing, Mania villages within the Sittia chiefdoms and Periwahun, Kakhei, Petowoma, Torma, Baba, Walbai, Vile, Tisana and Kale villages within the Nongoba Bullom chiefdoms and Dibia, Bengani, villages within the Kwamebai Krim chiefdoms in Bonthe District and Taninahun, Gombu, Mani, Mosine villages within the Mono Sakrim chiefdoms and Kasi, Mina villages within the Kpaka chiefdoms in the Pujehun District, Southern Province in the Republican State of Sierra Leone
Geologically Comprises the Bullom group of Quaternary sediments.
Systematic exploration has established the presence of Heavy Mineral bearing sands
Mining is expected to surpass the contribution of agriculture to GDP which is currently at 30 percent. This will be a
gradual process considering that the mineral sector contribution to GDP is currently at 10 percent. Malawi has a
variety of known mineral resources that include uranium, heavy mineral sands, strontianite, rare earth minerals,
phosphate, bauxite, gypsum, vermiculite, precious and semiprecious stones, limestone, dimension stone, silica sand,
sulphides and coal.
There is also potential for discovery of other metallic minerals and high value minerals including gold, platinum group
minerals, and diamonds. Therefore, Government will take deliberate steps to invite both local and foreign investors
to in the sector.
( Reconnaissance license)
This license area consists of Base Metals over an extent of 380 sq km.
Located in Northern parts of District of Chitipa in the northern Malawi region.
License Area bounded on the north by Tanzania, southern & western side by Zambia and on eastern side by the Malawi-based mining company's (M/s Resources Star Limited) Ilomba Hill license area.
Geologically, situated on the North Nyasa Alkaline Province (NNAP).
Reconnaissance survey, has been conducted which has indicated that the area consists of seven nepheline syenite intrusions which are, in varying degrees, affected by the Mozambique Orogenic event.
Exploration is in progress and expected to be completed within four years.
(Vaild upto Nov-2015)
This license area covers an extent of 132.62 sq km awarded for exploring Heavy Mineral Sands.
Located along Coastal plains around Thegbe, Shengebole , Shuen , Katta , Dibia , Shenge , Jetty , Patti , Tisana, Bendu , Mano Wharf , Baoma , Bumpetoke Wharf , Mosamba villages within the Kagboro chiefdoms and Gbapeneh, Mopallah , Mandu , Buehun , Ndepor , Mosorie , Gbanienah Saha villages within the Timdale chiefdoms in the Moyamba District, in the Moyamba District, Southern Province and in the Western Area in the Republican State of Sierra Leone.
About 180 km from Freetown(Capital of Sierra Leone), around 7 hours journey via Rotifunk & Bauya to reach the Shenge Town by 4X4 drive.
Geologically Comprises the Bullom group of Quaternary sediments.
Systematic Exploration involving extensive auger hole drill sampling has established the presence and origin of the Heavy Mineral sands.