Wa, Julie, Bepkong, Kunche deposits all looking great. Feasibility study coming up soon. Results pending for Kjersti prospect Good cash position
Exerpt : These latest results from Wa East strengthen the rationale for the Wa East licences to host a second stand-alone mining operation within Azumah’s extensive Wa Gold Project licences. This would be an alternative to trucking the Wa East material to a processing plant at Kunche, as is the current basis of the soon to be completed Wa Gold Project Feasibility Study. The possible upgrade in Mineral Resources at Julie may also be accompanied by additional resources arising from work recently completed at the flagship Kunche and Bepkong deposits as well as from drilling between them at Aduane (refer ASX release dated 19th June 2012).
AZM Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held