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Azumah Resources Ltd

Azumah Resources makes new high-grade discovery in first hole of 40,000m program

Steve Stone, managing director of Azumah Resources Ltd (ASX:AZM), speaks to Proactive Investors about the results of the first hole drilled in the Bepkong East prospect within the Wa Gold Project in Ghana.

"What's important about this intercept is it's way below and a long way to the East from where we've ever drilled before; so it's really a new discovery. It's going to change our whole view on our Bepkong deposit, and also the whole system of mineralisation in that area... this adds to the opportunity of going underground once we've mined out that open pit material," says Stone.

A 40,000 metre, $4 million resource upgrade drill program is underway across multiple targets. A feasibility update is due early next year.

Quick facts: Azumah Resources Ltd

Price: $0.03

Market: ASX
Market Cap: $27.4 m
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Azumah Resources progresses towards developing Wa Gold Project in Ghana

Azumah Resources Ltd(ASX: AZM) managing director Stephen Stone updates Proactive Investors on the company’s progress towards developing its Wa project gold asset in the West African country of Ghana. The plans are advancing following the recent release of a scoping study that indicated...

on 13/8/19

2 min read