QUANTIC GOLD S.A.
This claim has a spectacular collection of valuable mining permits within the Siguiri basin of the Republique of Guinea, a Palaeo-Proterozoic sedimentary sequence and part of the Birimian gold belt that hosts many large mines and deposits such as Morila (Rangold), Siguiri (AngloGold Ashanti) and Sabodala (MDL).
The properties form part of the Dinguiraye concession which in turn are connected to a special treaty concession known as the Convention du Base. The Convention du Base originated from agreements dating back to 1985 where the Guinea Government, IFC (USA) and other institutions reached agreement to inject capital to kick start the Guinea mining sector. In return the lenders received a 39,000km in concession for around 25 years. These concessions for exploration, development and exploitation carry special benefits such as tax benefits and other.
Concessions were issued to both Societe Miniere Dinguiraye (SMD) and Societe Auriefer de Guinea (SAG). Our claim is connected to both concessions.
Quantic Gold SA acquired 3 permits representing 535km2 of prime permits strategically positioned between the concessions of SMD and SAG.
The properties are strategically positioned right next to the Lero mine which it seems is running out of good gold reserves and one of the only places they can expand to are the 3 properties that were acquired by Quantic Gold SA which forms part of the Lefa Corridor Expansion Project.
BRGM the French geological company have produced reports indicating 26 new anomalies of gold in the 3 properties acquired by Quantic Gold SA, which are a key strategic acquisition for any close by mines.
Certain investors / shareholders of Quantic Gold SA and Q Resources Plc would like to know what happened to the 3 gold permits and why the assets were channeled through companies with same and or similar named companies, leaving investors / shareholders wondering what happened to their rights and assets.
The promoters have been pursued for years and to date have declined to provide proper answers.
Years of forensic investigation have led us to connected companies such as Q Resources Plc an AIM listed company where GBP3.5mm was raised to find mining exploration assets in Africa. Q Resources Plc was delisted after 1 year as they alleged they could not find any investments and the GBP 3.5mm has gone as well. The promoters alleged the gold properties were too small and was an exploration and Q Resources Plc were therefore not interested. Q Resources Plc was just prior to this suspended from trading on AIM and several months later delisted.
Quantic Gold SA assets were channeled through companies with same and or similar named companies meanwhile ignoring investors / shareholders rights.
Quantic Gold SA and other companies have appeared through the Panama papers with a detailed list of hidden bearer shares and other owners.
LINK to ICIJ Offshore leaks database: QUANTIC GOLD S.A.