ESAASE Project
ESAASE
Country Ghana 
Close to Aboabo
Status ADVANCED DISCOVERY 
Latitude / Longitude 5 N 32 / 1 W 33
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Last updated on 12/13/2010 - Terms of Use
Risk and valuation analysis of the ESAASE Project
Status Risk : Advanced discovery
Country Risk : Light
Title(s) of the ESAASE Project
Keegan Resources Inc.
Owner: 100%
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The Esaase Gold project and the mining lease on which it is based are owned 100% by Keegan Resources Ghana, a fully owned subsidiary of Keegan. the Govt of Ghana retains the right to take a 10% interest in the project. The lease is also subject to a 3,5% NSR owed to the Government of Ghana.
Location of the ESAASE Project
The Esaase project is located on the Asankrangwa gold belt in SW Ghana, 13 km NE of the 3 M oz Obotan deposit.
 
History of the ESAASE Project
The property has seen extensive artisanal mining from lode shafts and adits and 500,000 ounces of locally sourced placer gold has been produced from small drainages completely enclosed by the concession
 
Geology of the ESAASE Project
The Esaase gold project area contains a system of gold-bearing quartz veins hosted by tightly folded Birimian-age sedimentary rocks. This package includes shale, siltstones, and lesser feldspathic sandstones. The Esaase mineralization is defined by a more...
 
Production history
Metalhistorical
GOLD (oz)500,000
Title / Ownership
2/22/2011Acquires Additional Ground at the Esaase Gold Project and Pr...
Exploration and drilling
2/19/2013Remains on Track to Deliver Esaase Gold Project Under New Na...
10/31/2012Announces Further Strengthening of Technical Team as it Prep...
10/25/2012Metallurgical Test Work Commences on New Flowsheet for Esaas...
10/15/2012Welcomes Highland Park Group as Strategic Investor and Recr...
9/6/2012Provides Esaase Project Review Update
12/1/2011Adds an Additional Concession to the Esaase Gold Project
8/3/2011More Than Doubles Size of Esaase Gold Project Regional Prope...
10/14/2010Continues to Receive Excellent Results From the Esaase Gold ...
9/8/2010Discovers New Zone at Esaase Gold Project, Southwest Ghana
8/9/2010Continues to Receive Excellent Results from the Esaase Gold ...
7/19/2010Continues to Receives Excellent Results From Both Stepout an...
5/18/2010Receives Excellent Results From Metallurgical Drilling at th...
4/6/2010to release preliminary economic assessment for Esaase Gold p...
12/14/2009Expands the Esaase Gold Concession With Additional Property ...
10/30/2009Esaase Project Preliminary Metallurgical Test-Work Suggests ...
10/15/2009Receives Excellent Results From Stepout Drilling at the Esaa...
7/13/2009Hires engineer to lead esaase gold project development
6/1/2009Essase Gold Project Update and Resumes Drilling
12/17/2008PROVIDES PROJECT UPDATES FOR GHANIAN GOLD PROJECTS
9/11/2008IDENTIFIES DRILL TARGETS OVER 10 KM IN STRIKE LENGTH USING G...
6/9/2008Continues to Hit Excellent Gold Grades on Infill and Stepout...
5/28/2008KEEGAN HITS EXCELLENT GOLD GRADES ON STEPOUT HOLES AT ESAASE...
4/16/2008Esaase Gold Project Infill Drilling Program Continues to Sho...
3/27/2008TRIPLES ESAASE LAND PACKAGE WITH ACQUISITION OF SOUTHWEST AD...
2/5/2008ESAASE GOLD PROJECT STEPOUT DRILLHOLES CONTINUE TO EXPAND DE...
1/16/2008ADDS SECOND DRILL TO RAPIDLY ADVANCE ESAASE GOLD PROJECT
12/11/2007Esaase Project Stepout Holes and Trenching Continue to Hit H...
10/29/2007RELEASES INITIAL RESOURCE ESTIMATION AT ESAASE GOLD PROPERTY
1/11/2007Begins 2007 Drilling Programs at Esaase Gold Project
10/17/2006Commences Drilling at Esaase Gold Property
8/23/2006Extends Gold-in-Soil Trend Anomally to 9 km on Esaase Gold P...
6/30/2006Begins Exploration on Esaase Gold Property, Ghana
6/1/2006Work to Commence on Esaase Gold Property, Ghana
5/15/2006Acquires the Esaase Gold Property in Ghana
Discoveries and Drilling Results
1/23/2011Continues to Expand Mineralization Zones in Step Out Drillin...
12/13/2010Releases Updated Resource Estimate for Esaase Gold Project, ...
11/15/2010Keegan Continues to Encounter Significant Gold in Step Out D...
11/15/2010Continues to Encounter Significant Gold in Step Out Drilling...
11/1/2010Keegan Continues to Obtain High Grade Results From D-1 Zone ...
1/20/2010Receives Excellent Results From Northern Stepout Drilling At...
10/6/2009Continues to Receive Excellent Results From 2009 Drilling at...
7/22/2009Receives Excellent Results From 2009 Drilling at Esaase Gold...
3/3/2009REPORTS POSITIVE RESULTS OF SCREEN FIRE ASSAY TEST
2/27/2009World Class Gold Deposit Confirmed at Keegan's Esaase Gold P...
2/18/2009Receives Excellent New Results From 2008 Esaase Gold Propert...
9/18/2008Continues to Receive Excellent Results From Drilling South o...
9/5/2008REPORTS EXCELLENT RESULTS FROM DRILLING TO NORTH OF ESAASE G...
7/10/2008Drills 12 Meters of 11.6 g/t and 25 Meters of 4.03 g/t Gold ...
4/29/2008CONTINUES TO HIT HIGH GRADE GOLD INTERCEPTS IN ESAASE INFILL...
2/19/2008DRILLING DISCOVERS NEW PARALLEL GOLD STRUCTURE AT ESAASE GOL...
2/11/2008ESAASE GOLD PROJECT INFILL DRILLING PROGRAM CONTINUES TO RET...
1/10/2008Esaase Gold Project Stepout Drillholes Continue to Extend De...
11/15/2007Drills 68 Meters of 2.25 g/t Gold in Step-Out 500m South of ...
8/21/2007Drills 186m of 1.12 g/t, 102m of 1.01 g/t, and 7m of 4.83 g/...
5/17/2007RESOURCE DRILLING PROGRAM CONTINUES TO RAPIDLY EXPAND MAIN G...
12/19/2006Continues to Receive Excellent Drill Results at Esaase Gold ...
12/13/2006Esaase Drill Program Confirms Gold Mineralization Over 1 km ...
12/6/2006Identifies Major Mineralized Structures at Esaase Gold Proje...
11/21/2006Discovers 85m of 2.07 g/t Gold at Esaase Core Drilling Progr...
11/14/2006Trenches 35 Meters of 3.05 g/t Gold at Esaase Property, Ghan...
10/26/2006Discovers 155 Meters of 1.08 g/t Gold in Trench at Esaase Pr...
10/19/2006Discovers New Gold Zone at Esaase Property, Ghana
9/19/2006Discovers 30 Meters of 2.0 g/t Gold in New Trench at Esaase ...
9/12/2006Discovers 5 Meters of 17.2 g/t Gold and 50 m of 1.0 g/t Gold...
9/8/2006Discovers Additional Soil Anomalies and Delineates Drill Tar...
8/30/2006Discovers 20 Meters of 4.26 g/t Gold in Trench at Esaase Pro...
7/27/2006Discovers Up to 45.8 g/t Gold in Quartz Vein at Esaase Prope...
7/25/2006Defines Rich Gold Anomaly on Esaase Property
Location
Data last updated on : 12/15/2010
Disclaimer
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.