| Ofoase Project |
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Ofoase |
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Country |
Ghana
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Status |
BROWN EXPLORATION
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Surface |
84 km² / 20,756 acres |
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Legends
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| Risk and valuation analysis of the Ofoase Project |
| Status Risk : Brown exploration |
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| Title(s) of the Ofoase Project |
 | PMI Gold Corporation
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| In late 2005, PMI Gold optioned this 84 square kilometre concession from Goknet Mining Company of Accra, Ghana |
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| Location of the Ofoase Project |
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It is located 20 kilometres due west of Newmont's 7 million ounce Akyem gold project and 45 kilometres northeast of AngloGold Ashanti's 30 million ounce Obuasi mine.
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| History of the Ofoase Project |
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Previous regional work conducted by the Ghana Geological Survey outlined gold anomalies in silt samples from streams draining the concession area. In 1999, a further 33 stream sediment samples were taken. Fire assay results on the 2kg samples were reported to range from 0.019 to 16.074 g/t Au, with 20 samples assaying greater than 1.0 g/t Au.
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| Geology of the Ofoase Project |
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The concession is primarily underlain by: Tarkwaiian meta-sedimentary rocks including quartz pebble "Banket" type conglomerates, quartz (tourmaline, ilmenite, pyrite) sandstones and siltstones; Birimian meta-volcanics; and granite -- on the south and west margin of the Banso batholith.
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Data last updated on : 5/26/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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