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"Opportunities in West Africa"
As previously noted, the Company is continuing to identify exploration and mining opportunities in Ghana. During the quarter, in line with its strategy, the Company undertook considered due diligence with the objective of identifying, acquiring and developing low capital expenditure gold mining and/or processing projects that can be brought into production in the near term.  This will provide an underpinning cash flow to grow the Company and create value for all stakeholders.  
Based on the progress of the due diligence program to date, Gulf expects to finalise discussions, and enter into a joint venture agreement, with a Ghanaian registered entity during the current quarter.   Gulf directors (Arkoudis and Karam) have been active in Ghana over the last 2 years, working closely with the Ghana Minerals Commission, Department of Lands and Natural Resources and the Local Chiefs.
GLTA