CMC applied for and was awarded the exploration permits for three territories located in the Kouroussa and Mandiana prefectures (Q2 2017). The first permit is situated to the east of SEMAFO’s Kiniero gold mine and the second permit is situated to the north of Cassidy’s Kouroussa Project. A team of local geologists was subsequently commissioned to conduct a reconnaissance survey of the licensed areas. CMC then hired SRK Consulting (SRK) to organize an independent review of the lab results, as well as other geological and drilling data that had been made available to the company. A feasibility study is currently being conducted for the company's high-priority target areas.