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Julie West and Danyawu JORC 2012 Updates Add 69,000oz High-Grade Mineral Resources
- Combined Wa Gold Project Mineral Resources increased by 69,000oz grading 4.4g/t Au to 2,063,000oz
- Outcropping Julie West and Danyawu mineralisation only 7km from 830,000oz Julie deposit and granted Mining Lease
- Likely to be incorporated into proposed plans for ~90,000oz per year gold operation
- 5,500m multi-target drilling campaign nearing completion with results available in coming weeks
- Key objective is to advance Manwe and Josephine prospects towards maiden Mineral Resource estimates
�The outcropping Julie West and Danyawu Mineral Resources totaling 69,000oz at 4.4g/t Au are expected to provide high-value incremental ounces to Azumah�s existing 624,000oz Ore Reserve and enhance the Company�s already advanced plans for the development of an initial seven-year, 90,000oz per year gold operation� Azumah Managing Director, Mr Stephen Stone, said.
Download the full announcement including figures and tables.
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Azumah Resources Limited
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DEVELOPMENT STAGE |
CODE : AZM.AX |
ISIN : AU000000AZM5 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Azumah Res. is a gold exploration company based in Australia. Its main asset in development is WA in Ghana and its main exploration properties are KUNCHE and BEPKONG in Ghana. Azumah Res. is listed in Australia. Its market capitalisation is AU$ 18.6 millions as of today (US$ 12.4 millions, € 11.5 millions). Its stock quote reached its highest recent level on November 05, 2010 at AU$ 0.83, and its lowest recent point on August 02, 2019 at AU$ 0.01. Azumah Res. has 582 569 984 shares outstanding. |