ESG

Progress Minerals VPEx killed in Burkina Faso

Progress Minerals VPEx kidnapped in Burkina Faso

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Woodman was a geologist with more than 30 years' experience including over 20 in gold exploration in West Africa. 

"Kirk was a genuinely great guy," a source with the company told Mining Journal.

It is believed the camp was attacked by a dozen gunmen on Wednesday, according to Burkina Faso's security minister, Clement Sawadogo. The attackers are believed to the Islamist militants with links to al-Qaeda and possibly ISIS.

Burkina Faso recently declared a state of emergency in the region due to an increase in the number of attacks by Islamic extremists, particularly near the frontier with Niger and Mali. The attack follows the recent kidnapping of Quebec tourist Edith Blais and her travelling companion Luca Tacchetto in December.

Progress Minerals is a Canadian exploration company focused on the West African Birimian Greenstone Belts, targeting large, low-cost, high-quality, gold deposits. It is earning into the Bira Trend project in Burkina Faso and Bobosso project in Côte d'Ivoire.

At Bira Trend, the company completed a district-wide power auger programme targeting over 24km of a geochemical anomaly and reverse-circulation drilling testing priority targets.

Progress is earning a 70% interest with Predictive Discovery (ASX:PDI) by sole-funding US$5 million in expenditures by October 2021, after which time a joint venture will be formed. Progress is finalizing its initial earn-in of 51% with Predictive after having spent the first $1 million in eligible expenditures in Burkina Faso.

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