A single, structured view of the project: its location, history, exploration record, current status and next planned phase.
GGS has developed the Komassala-South gold exploration project in the Bougouni district of southern Mali since 2014. The company holds a licensed 65 km² exploration zone on a greenstone belt that places Mali among Africa’s top five gold producers. Since 2016 GGS has drilled 17,000 metres and analysed roughly 22,000 geological samples in internationally accredited laboratories (SGS, ALS and ProsLabs).
The permit lies in the Bougouni gold district, south of Bamako. The region has recognised gold-bearing geology and established access routes.
2014 — GGS established in Mali.
2015 — Convention signed with the Government of Mali (September).
2016 — Core drilling begins under the September 2015 convention.
2019 — Mali’s new mining law adopted; GGS renews its convention to align with it.
2021 — Core drilling programs completed.
2024 — 40+ drill holes; exploration survey estimates 13.59 t of gold in the first 1.2 km².
2025 — 900+ samples lab-tested; mining pit candidate identified.
2026 — Agreements signed with production partner; mine planning, infrastructure and refinery partner selection under way.
2027 — Production target.
Since 2016, GGS has drilled 17,000 metres and analysed around 22,000 samples in accredited laboratories. A 2024 exploration survey covered the first 1.2 km² of the licensed area, roughly 2% of the zone. Over 40 drill holes were completed, and in 2025 more than 900 further samples were lab-tested and a mining pit candidate was identified.
In 2026 the project moved from exploration toward the mine development phase. Agreements were signed with a production partner covering the joint development of the mine and the extraction of the gold. Work now covers a 20+ km access road, water management planning, machinery sourcing and refinery partner selection.
First production is targeted for 2027. Mine planning, infrastructure and permitting under Mali’s current Mining Code are advancing in parallel, alongside mine design work by Hungarian geologists and mining engineers drawing on the final drilling samples and an aerial survey of the site.
A 2024 exploration survey identified an estimated 13.59 tonnes of gold across the first 1.2 km² surveyed, roughly 2% of the licensed area. On the first planned mine site, the company expects 5 to 7 tonnes to be economically extractable.
These are the company’s own estimates. No independent JORC or NI 43-101 resource report has been published yet. GGS is preparing reports to those international standards with its Malian and Hungarian geological teams, primarily for a future gold-exchange listing, with no date set. Any independent estimate will appear here the day it exists, favourable or not.
