Azumah Resources Limited is a Perth-based, ASX-listed (ASX:AZM) exploration company focused on the highly prospective gold province in the Upper West Region of Ghana, West Africa.
- 2.8Moz Mineral Resource; 1.03Moz Ore Reserve
- 2,400km² regional-scale prospective Birimian terrain
- Feasibility Study expected early 2020
- Plus 100,000oz/yr, from open-pit mining
- 11-year operational life
- CIL gold recovery; >2g/t Au process grade
- US$117M initial development capital cost
- 2x 15 yr mining leases granted
- Numerous quality early to advanced stage targets
- Strong community and government support
- Largely de-risked for rapid development
- Excellent infrastructure. Grid power to gate
- Ibaera Capital Fund has earned an initial 42.5%
- Ibaera multi-disciplinary and accomplished team managing feasibility study and exploration
- Recent discovery of Bepkong East Lode mineralisation to 580m depth
- Bepkong underground Scoping Study completed
- Recent extension of Kunche mineralisation to 500m below surface
- 13.4% equity in Ghana neighbour, Castle Minerals Limited (CDT) (10,000km²)
