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Hamak Gold reports positive Liberia exploration update

Published by
Global Mining Review,


Hamak Gold Ltd has announced that exploration work has been completed across two priority areas in the highly prospective Gozohn Licence in central Liberia.

Highlights

  • Detailed geochemical soil sampling and geological mapping completed over two priority areas of the Gozohn Licence.
  • 1554 samples collected and consigned to laboratory for multi-element and gold assay.
  • Intensive artisanal gold mining observed in several parts of the sampled priority areas.
  • Field teams now mobilised to the Nimba licence to commence a detailed exploration programme over priority targets.

Karl Smithson, Executive Director, commented: “Hamak Gold has moved exceptionally quickly since our recent IPO to undertake exploration activities over priority target areas in the Gozohn licence. Two detailed grid blocks have been soil sampled, which are centred over intensive artisanal gold diggings of saprolite overlaying high-interest greenstone belt geology. Our exploration strategy is to fast track detailed geochemical soil sampling to identify and delineate gold anomalies related to underlying hardrock gold sources that can then be trenched and drilled.

“Samples are being assayed in the laboratory and we are looking forward to announcing the first results over the coming weeks. In addition, our geological teams have commenced exploration in the Nimba licence and we look forward to updating shareholders on progress and results in the near future.”

Read the article online at: https://www.globalminingreview.com/exploration-development/15032022/hamak-gold-reports-positive-liberia-exploration-update/

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African mining news Gold mining news