" GOR believes the gold mineralisation at Gruyere has strong similarities with the gold mineralisation at the Damang gold deposit in south-western Ghana owned by Gold Fields Limited (NYSE – GFI, not rated). Damang is a major gold deposit that has a similar structural setting to Gruyere, occurring in steeply dipping shear zones with flat to shallow-dipping stacked lodes. The Damang deposit has a very large gold endowment of over 10Mozs of which over 5Mozs has already been produced. The deposit is currently being mined and has a substantial annual production of over 200kozs of gold from the processing of about 5.2Mtpa of ore grading around 1.3g/t."
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