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  • Central African Gold (CAGR) has retained MSA Group to complete technical due diligence and NI 43-101 technical report on the Musefu Gold Project
  • Central African Gold recently entered into an agreement to acquire an interest in the Musefu Gold Project
  • The MSA Group is a consulting and contracting company providing specialist technical input into international projects
  • The Musefu Gold Project comprises five concessions covering 924 sq km in southern DRC
  • Central African is a natural resource company focused on the acquisition, exploration, development, and operation of mineral projects in the DRC
  • Central African Gold Inc. (CAGR) is up 8.7 per cent, trading at C$0.25 per share at 1:30 pm ET

Central African Gold (CAGR) has retained MSA Group to complete technical due diligence and NI 43-101 technical report on the Musefu Gold Project.

Central African Gold recently entered into an agreement to acquire an interest in the Musefu Gold Project which has historical gold exploration and production.

Established in 1983, the MSA Group has grown to become a holistic consulting and contracting company providing specialist technical input into international projects in the resource, financial, infrastructure and development sectors. They have worked across multiple sectors, on all commodities and in diverse environments on five continents for some of the largest multinational companies, listed juniors and private companies and investors. MSA has worked in over 30 countries in Africa and has an intimate, first-hand knowledge of the African continent and extensive knowledge of remote project environments. MSA has recent and relevant experience in the DRC on gold projects.

Mr. Stephen Barley, Chairman and CEO of Central African Gold stated,

“We required an experienced and independent consulting group to complete a NI 43-101 report on the Musefu Gold Project. The consultants had to have a strong knowledge base of the geology and mining practices in the DRC; have an impeccable reputation in the industry; and be responsive to our timing requirements and proceed with a sense of urgency. MSA exceeds all our requirements. Musefu is a large land package with great potential, and we believe MSA is the right group to assist us in unlocking that potential.”

The Musefu Gold Project comprises five concessions covering 924 sq km located 315 km south of the city of Kananga in Kasai Central Province, southern DRC. Kasai Central Province has been underexplored due to its location and the need for infrastructure expansion. Central African Gold believes the required investment in infrastructure is imminent and it is opportunistic to be an early entrant into the region with such a large tract of high potential underexplored land. Prior work programs returned impressive high assays and high potential targets for additional exploration. (See news release dated June 29, 2021).

Central African Gold is a natural resource company with a primary focus on the acquisition, exploration, development, and operation of mineral projects in the Democratic Republic of the Congo (DRC). Central African Gold currently holds rights to multiple mineral projects with base and precious metal potential strategically located in the southern DRC.

Central African Gold Inc. (CAGR) is up 8.7 per cent, trading at C$0.25 per share at 1:30 pm ET.

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