Maniema is a key regional town of the DRC. Firegold has completed an acquisition of a 75% share in the Gold Project in the Maniema Province, in the city of Punia, near Kindu. Our concessions are accessible by road through Kisangani and Bukavu ,by flight via Kinshasa, Kisangani, and Bukavu in the Democratic Republic of Congo. We have the advantage logistics gateway to Uganda and, to key international ports such as Mombasa in Kenya, and Dar-Es-Salam in Tanzania
With the exception of informal artisanal activity there are no current or historical formal mine
workings, tailings ponds or waste dumps located on the Firegold Mining Property
The permits and approvals required to conduct the work at Firegold Mining property are specified in the DRC Mining Code. Such permits and approvals have been obtained. Firegold Mining has acquired through four exploitation permits (PE), the exclusive mining rights provided by DRC government. These exploitation permits give Firegold Mining exclusive rights to carry out exploration, development, construction and exploitation works for a period of 30 years, renewable.
649 square kilometers define firegold property in the Maniema region with a proven Mineral reserve of Gold, Diamond and Coltan (columbite–tantalite)
Our Concessions are located in a region that also hosts Twangiza project from Banro Corp., Vector Resources LTD., Kibali project of Rangold Resources, Ashanti Gold and others.
The Mineral Resource base is considered to be well known. An estimated $28 billion worth of gold lies under the soil in eastern Democratic Republic of Congo.