Projects
- A land holding of 2,857 km² held in two Reconnaissance Licenses and one Prospecting Licence
- Indicated and Inferred Resource of 516,000 ounces of gold at the Kunche Main Deposit.
- Project represents 100km of strike length of Birimian age greenstones, which have proven to host ‘World Class’ gold deposits throughout Ghana and West Africa.
- A 50km long continuous gold-in-soil anomaly traverses the entire central area of the Project.
- 12 Kunche style targets have been delineated covering 364km².
- Opportunity to discover Birimian shear hosted quartz reef deposits, and granitoid hosted vein swarms and stockwork zones.
Ghana
The West African Republic of Ghana is characterised by the following favourable investment criteria -
- English legal system & stable, long term, political environment
- GNP US$44B (2003) with gold exports representing 50% of GDP
- World’s 10th largest gold producer, Africa’s 2nd largest gold producer
- Current host to 4 ‘World Class’ gold deposits (greater than 5 million ounces)
- 2 million ounces produced per annum (2003-2004)
- 3 of the 4 World’s largest gold mining companies have major projects in Ghana, Newmont, Anglo-Ashanti and Gold Fields.
West African Gold Project figure
Ghana Gold Project figure (Disclaimer)
