Obotan Project
Country Ghana 
Surface 89 km² / 21,992 acres
Latitude / Longitude 06 N 20 / 01 W 59
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Explores for Gold -
Last updated on 5/30/2011 - Terms of Use
Risk and valuation analysis of the Obotan Project
Status Risk : Early discovery
Country Risk : Light
Title(s) of the Obotan Project
PMI Gold Corporation
Owner: 90%
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In November 2006, PMI Gold acquired, by application to the Government, the 89 square kilometre Abirem and Abore concessions - which cover the former Obotan Mine operations of Resolute Mining of Perth. Resolute ceased mining when the price of gold fell below US$320 per ounce and handed the property back to the Government of Ghana in July after fully completing the property reclamation.
History of the Obotan Project
A total of 730,000 ounces of gold were produced at Obotan, with 590,000 ounces produced at an approximate grade of 2.2 g/t gold from the Nkran pit, and a further cumulative 140,000 ounces from the Adubiaso and Abore pits. Mining ceased in December more...
Exploration and drilling
7/19/2013Implements Multi-Pronged Strategy for Advancing the Obotan P...
2/18/2013Obotan Project Update
11/21/2012Secures Grant of Mining Leases for Obotan Gold Project
11/21/2012Secures Grant of Mining Leases for Obotan Gold Project
11/21/2012Secures Grant of Mining Leases for Obotan Gold Project
9/26/2012to receive Mining Leases for Obotan Gold Project Another Imp...
9/26/2012to Receive Mining Leases for Obotan Gold Project
8/28/2012Obotan Gold Project Feasibility Study Demonstrates a Robust...
9/20/2010Investor Update - Company Raises $5 million for Ghana gold p...
8/19/2010Airborne Survey Results Confirm High Priority Exploration Ta...
5/7/2010Drilling Re-Commences at Obotan Gold Project Ghana; High R...
12/23/2009First holes reported from 28 drill hole program, Obotan Proj...
11/23/2009Obotan resource verification drilling started
10/22/2009Retires Debt - Next Phase Kubi Drilling Commences - Obotan O...
7/1/2009Updates Obotan Project, Ghana
5/3/2006Forms a Strategic Alliance with Orezone Resources Inc.; Clos...
Discoveries and Drilling Results
5/25/2011- Positive drilling results pave way for resource upgrade at...
10/19/2010Drill Update - Obotan Gold Project, Ghana
9/1/2010Plus One Million Ounce Maiden Resource Estimate at Obotan - ...
8/12/2010153 metres of 2.37 g/t gold at PMI Gold's Obotan Gold Projec...
2/5/2010Significant Drill Results Highlighted for New Resource Estim...
Data last updated on : 5/26/2009
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