| Risk and valuation analysis of the Wassa Project |
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| Title(s) of the Wassa Project |
 | Golden Star Resources
Interest: 90% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Golden Star owns a 90% interest in Wexford Goldfields Limited (“WGL”) which owns the 53 km2 Wassa gold project (“Wassa”). The remaining 10% interest in WGL is owned by the Government of Ghana. Golden Star’s share of the Mineral Reserves is subject to the Government of Ghana’s 10% carried interest which entitles them to a 10% dividend once Golden Star's capital costs have been recovered. |
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| Location of the Wassa Project |
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The Wassa gold project is located in the south-central region of Ghana approximately 150 km west of the capital, Accra, and is accessible by a combination of sealed and unsealed roads.
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| History of the Wassa Project |
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Wassa is one of the few modern day greenfields projects in Ghana, having been discovered and developed in the late 1990's by a joint venture between Glencar Mining plc ("Glencar"), Moydow International Mines Inc. and the Government of Ghana. The proj more...
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| Geology of the Wassa Project |
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Wassa lies within the Eburnean Tectonic Province (1,800-2,166 Ma) in the West African Precambrian Shield. The paleoproterozoic rocks that comprise most of the West African craton and host the major gold mineralization in Ghana are subdivided into met more...
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| Production history |
| Metal | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| GOLD (oz) | 183,931 | 223,848 | 125,426 | 126,062 | 97,599 | 69,069 |
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