Project at a Glance
The Doko Gold Mine is a strategically positioned, fully permitted gold asset situated within the heart of Guinea's Siguiri Basin — a district that hosts some of the world's most significant gold operations, including AngloGold Ashanti, Nord Gold, and SMD.
131 km²
Total Exploration Area
Full exploration permit covering extensive strike potential
10 km²
Current Exploitation Permit
Active exploitation zone with multiple target areas
25 Yrs
Life-of-Mine Estimate
Long-term production horizon underpinning asset value
$80/g
AISC
All-in sustaining cost, highly competitive globally
Location & Legal Framework
Permit Details
Permit Holding Entity: Doko Gold Mining SA
Permit Granted: 12 September 2013
Decree Reference: A2013/4620/MMG/SGG
Permit Type: Semi-industrial gold exploitation permit — gold and associated minerals
Sub-prefecture: Doko | Prefecture: Siguiri | Region: Upper Guinea
Strategic Location
The Doko Gold Mine lies 12 km east of Doko (sub-prefecture capital) and 798 km from Conakry, Guinea's national capital. Positioned within the globally recognised Birimian Greenstone Gold Belt, the project benefits from exceptional geological endowment and proven district-scale mineralisation.
The Siguiri Basin hosts major operating mines alongside large-scale artisanal operations that provide livelihoods for thousands, underscoring the region's deep mining heritage and established infrastructure base.
Investment Summary & Capital Structure
The Doko Gold Mine investment opportunity has been structured to minimise entry cost while maximising investor returns. The mandatory capital commitment of US$ 600,000 covers all essential plant and installation requirements, with additional equipment available on a flexible rental basis to further reduce upfront exposure.
Mandatory Capital Requirement 📞
Optional Expansion Capital
Profit Sharing Structure
The partnership operates on a straightforward 50/50 net profit split between investor and company, calculated on verified unit production output after all operating costs.
Payout Flexibility
Investor returns are payable in cash or refined gold, disbursed via established Dubai refinery channels. Gold payouts provide a natural hedge against currency risk, while cash payouts offer immediate liquidity for reinvestment.
Gold price assumption: US$ 140/gram (≈ US$ 4,354/oz) — set at a deliberate discount of $10/gram below prevailing LME spot, ensuring conservative, credible projections.
Operational Metrics & Daily Production Model
The following production model is based on the minimum conservative gold yield scenario of 1.0 g/tonne — representing the floor-case assumption. Actual yields from the Doko resource base, grading at 1.6–1.8 g/t, are expected to deliver meaningfully stronger performance.
24-Month Profit Projection & Break-Even Analysis
Under the base-case scenario of 1.0 g/tonne yield, the investor's cumulative gold share compounds predictably over 24 months. The break-even is achieved within 5 months of production commencement — exceptionally fast for a hard-asset, resource-extraction investment of this scale.
At US$ 140/gram, the investor's Year 1 cumulative return reaches approximately 3X of investment, and Year 2 cumulative return totals approximately nearly 6× the initial capital over the two-year horizon on the most conservative yield assumption.
Break-Even Summary
Total Investment
US$ (CONTACT) Plant + installation (mandatory capital)
Startup Phase
4 Months Transportation, installation, commissioning, and operational setup
Break-Even Point
Month 5 of production, capital fully recovered with surplus
24-Month Return
6 x initial capital under the conservative 1.0 g/t scenario
Note on Gold Price Assumption: Projections are calculated at US$ 140/gram (≈ US$ 4,354/oz), deliberately set $10/gram below the LME prevailing market rate. At current spot prices above US$ 150/gram, actual investor returns would exceed these projections materially.
Investment Highlights
Rapid Capital Recovery
Even under the most conservative yield scenario of 1.0 g/tonne, investors recover their full initial capital in under 5 months of production. This exceptionally short payback period materially reduces risk exposure and builds immediate confidence in the operational model and cash generation capability.
Strong & Compounding Profitability
By the end of Year 2, cumulative investor profits reach approximately nearly 6× the initial capital on conservative assumptions. The model demonstrates clear scalability; upside from higher actual grades (1.6–1.8 g/t resource average) could accelerate returns substantially beyond the base case.
Strategic Payout Flexibility
Investors may elect to receive returns in cash or refined gold via Dubai refinery channels. Gold payouts act as a natural hedge against currency and inflationary risk, preserving purchasing power in volatile markets, while cash payouts ensure immediate liquidity for reinvestment or distribution.
Resilience & Investor Confidence
The combination of fast capital recovery, high upside leverage to gold prices, a 25-year mine life, and a low AISC of US$ 80/gram creates a low-risk, high-reward investment profile that appeals to both traditional yield-seeking investors and asset-backed capital allocators seeking gold exposure.
Strategic Significance of Doko Gold Mine
Doko Gold Mine is not merely a standalone project — it is a district-scale asset embedded within one of sub-Saharan Africa's most valuable and productive gold corridors, surrounded by major operating mines that validate the geological model and provide infrastructure and logistical synergies.
World-Class Gold Belt Address
Situated within the Birimian Greenstone Gold Belt — the same geological system hosting AngloGold Ashanti's Siguiri mine and Nord Gold operations — Doko benefits from proven mineralisation continuity across the entire basin.
Infrastructure & Regional Synergies
Proximity to major established mining operations provides access to shared infrastructure, logistics networks, and skilled labour pools, reducing development costs and operational risks compared with greenfield projects in underexplored regions.
Significant Exploration Upside
Multiple high-priority exploration targets spanning 2–15 km strike lengths remain to be fully drilled and delineated. Successful exploration conversion could underpin a substantial resource upgrade and extend the already compelling 25-year mine life further.
Key Takeaway — A Compelling Investment Proposition
Doko Gold Mine combines rapid capital recovery, exponential profitability, and strategic resilience — positioning this venture as a highly attractive, investor-centric opportunity in the global gold sector.
Proven Jurisdiction
Guinea's Siguiri Basin is a globally recognised, producing gold district with established regulatory frameworks and a long history of major investment.
Permitted & Ready
The semi-industrial exploitation permit is in place — reducing permitting risk and enabling rapid mobilisation to production within a defined 4-month setup timeline.
Conservative Base Case
All financial projections are based on a 1.0 g/t floor scenario — well below the stated 1.6–1.8 g/t resource and reserve grades, providing a significant buffer of upside.
Experienced Operator
A seasoned West African mining team with demonstrated success across the full project development cycle from discovery through to production reduces execution risk materially.