| Risk and valuation analysis of the Obotan Project |
| Status Risk : Early discovery |
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| Title(s) of the Obotan Project |
 | PMI Gold Corporation
Owner: 90% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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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. |
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| History of the Obotan Project |
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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...
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