PRODUCTION scheduled for April.
Todays news -
"Ore is already being stockpiled with haulage to begin next week, after the company obtained the necessary environmental permit."
"sampling of stockpiles returned up to 18g/t gold"
"100,000 ounce annual gold producer from the existing JORC Resources of over 1.2 million ounces."
"The company said local earthmoving contractors had been contracted to carry out mining and haulage and haul road maintenance."
Mkt Cap: 57.63M
at 100 000+oz x $1400 = $140M TURNOVER P/A starting April!!
Operating in the world class Ashanti Gold Belt of Ghana.
? Almost 1.5 million ounces in Indicated & Inferred Resources (23.4 million tonnes at 1.95g/t gold ? details at end of presentation).
? Refurbishment of CIL Plant nearing completion.
? Company actively progressing opportunities to expand
production.
? All major utilities and infrastructure present on site,
reconnected/upgraded as part of refurbishment.
.Ghana has a well established and successful gold mining
industry (9th largest gold producer globally).
Aggressive exploration underway,
considerable potential for resource growth.
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