News Industry

Koulou Gold steps up exploration at Sakassou and Kouto in Côte d’Ivoire

Koulou Gold steps up exploration at Sakassou and Kouto in Côte d’Ivoire
Wednesday, 26 November 2025 06:55
  • Koulou Gold launches new drilling programs on its Sakassou and Kouto projects.

  • The company plans 10,000 m of drilling at Sakassou and 6,600 m at Kouto.

  • The move follows earlier financing of C$13 million for exploration in Côte d’Ivoire.

In a note published on November 25, Koulou Gold announced the start of a new exploration program on its Sakassou and Kouto gold projects in Côte d’Ivoire. The planned work aims to assess discovery potential on both sites, which were already the subject of several drilling campaigns in 2024.

At Sakassou, the Canadian junior plans a total of 10,000 m of combined reverse circulation and diamond drilling. The goal is to extend mineralization on the Bravo West target and assess the potential of adjacent targets. At Kouto, a first phase of 6,600 m of drilling is planned, with results guiding a second expansion phase of 4,400 m.

The total cost of the campaign was not disclosed. However, the company had announced in June that it raised C$13 million (about $9.2 million at the current exchange rate) to fund new exploration work in Côte d’Ivoire. This step places the company more firmly within the country’s growing gold exploration dynamics, with the long-term goal of achieving potential discoveries.

Earlier this week, the Australian junior Skylark Minerals also announced plans to raise $6.4 million to launch gold exploration on its Ivorian projects in 2026. Koulou Gold added the Assuéfry permit to its portfolio in January. An exploration program has also been announced there, but its implementation schedule has not yet been specified.

On the same topic
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards...
Mozambique expects Rovuma LNG construction to start within 12-18 months Improved security enables restart of major northern gas...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.