Welcome to Azumah Resources

Azumah Resources Limited is a Perth-based, ASX-listed (ASX:AZM) exploration company focused on a highly prospective gold province in the Upper West Region of Ghana, West Africa.

  • 2.1Moz Mineral Resource platform - $4 EV/Resource oz
  • 624,000oz @ 2.14g/t Au Ore Reserve - $16 EV/Reserve oz
  • 2,400km2 regional-scale footprint in fertile Birimian terrain
  • ~A$40M drilling (10,000 drill holes for 500km)
  • Several advanced stage / drill-ready targets
  • Numerous quality early-stage targets
  • Strong community and government support
  • Largely de-risked for rapid development. Excellent infrastructure. Grid power to gate
  • Next two years of exploration and development studies funded by PE group, Ibaera Capital Fund LP, for up to a 47.5% interest (backed by >US$1b fund-of-funds)
  • Multi-disciplinary and accomplished Ibaera team to manage all work
  • 13.4% ($1.6m) Ghana neighbour Castle Minerals (CDT)(10,000km2)

Key Details

Board & Management:

Chairman:
Michael Atkins
Managing Director:
Stephen Stone
Non-Executive Directors:
Geoff M Jones
Company Secretary:
Dennis Wilkins

Issued Capital:
699.0M ordinary shares
35M 3c options expiring 13.11.2012

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