The Global Resource For Connecting Buyers and Sellers

Sula strikes ‘bonanza grade’ gold in Sierra Leone

Sula Iron & Gold, a London-listed mining firm focused on Sierra Leone, said on Tuesday it had found gold of almost “bonanza grade” and its board would forgo their salaries while the company exploits the resource.

The latest assay at the Ferensola gold project in the Sula Mountains of Sierra Leone shows a gold grade of 19.3 grams, or 0.7 of an ounce, per tonne, the company said.