Ann: Quarterly Activities and Cashflow Report-AOP.AX, page-3

Nice to see admin at $90k, and exploration in the ground at $260k for the quarter, plus $3.2 m in the tin, and Newcrest paying for Seguela Exploration (I would be watching this space, as Newcrest would not be there to find a tiddler) and fees to fund exploration elsewhere!

Results are very encouraging in grade and scale.  infrastructure (close to existing mill)

Great neighbour to have, mining profitably, excellent local relations, and new discoveries being made....

from Randgolds web site (note their reference to their Boundiali Project, adjacent that of Apollo)...

"Bristow said during his recent tour of Randgold’s exploration sites in Côte d’Ivoire he had been struck by the buoyant mood of the people and the many signs of economic development which were widely evident.
“This is an exciting time for the country and also for our company.  We continue to invest in exploration here and our teams have identified some very attractive new opportunities, notably the high-potential Boundiali and Mankono permits.  We’re also getting good results from our near-mine exploration.  Our geologists have defined the potential for additional resources below the Tongon pit as well as at some near-mine satellites such as Seydou and Sekala, which could extend Tongon’s life,” he said.
Bristow noted that Tongon has already contributed $822.6 million to the Ivorian economy in the form of royalties, taxes, salaries and payments to local suppliers.  This also includes its continuing investment in the development of community health and education programmes and agricultural projects designed to provide post-mining employment.
“Randgold is committed to playing its part in ensuring that the president’s vision of building a continent-leading economy by 2020 becomes a reality,” he said."

plus nearology looks good

“We’ve taken a fresh look at our Nielle permit, which hosts Tongon, and a number of targets for follow-up have already been generated.  The most exciting suite of new targets is in the Boundiali permit.  These include the very significant new target, Fonondara, and a series of other targets covering a strike of 60 kilometres at the western margin of the Boundiali belt, believed to be an extension of the Syama belt in Mali.  A first-phase diamond drilling programme is currently underway at Fonondara and Sani.”
At Fonondara, six trenches over a 1.5 kilometre strike have exposed a system which averages 16 metres at 2.96g/t.  Drill results beneath the trenches have returned best results of 16.53 metres at 3.38g/t including 7.40 metres at 5.88g/t from the main zone and 8.83 metres at 28.62g/t including 4.10 metres at 61.05g/t in the footwall.  Results from Sani are pending.
On the Mankono permit, a very promising bulk mining target has also been identified, with trenches grading up to 1.8g/t over widths of 100 metres, and on the Fapoha permit, just south of the Nielle permit, three contiguous targets have delivered good initial sampling grades over a 13 kilometre strike with consistently anomalous pits in the target structure grading up to 8g/t.
http://www.randgoldresources.com/ra...ôte-d’ivoire-tongon-mine-pays-maiden-dividend

http://www.randgoldresources.com/si...ts major opportunities for gold investors.pdf