Gold Exploration

Akoko, Ghana

Advancing a high-potential gold project in Ghana

Hamak is advancing the Akoko Gold Project, a highly prospective near-surface gold asset located in Ghana’s prolific Ashanti greenstone belt, one of the most productive gold regions in West Africa.

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Akoko benefits from extensive historical work and is strategically positioned close to major operating gold mines and established infrastructure.

The project hosts a defined gold resource in oxide material that is believed to be well suited to low-cost open-pit and heap-leach mining, offering Hamak a clear pathway to near-term value creation.

Project highlights

Ghana’s gold production is expected to increase by around 6.25% to approximately 5.1 million ounces in 2025, up from the previous year’s record output of 4.8 million ounces. Much of this production coming from mines in the Western Region where the Akoko Project is located.

Akoko Project

Active due diligence and exploration planning

Following a successful site visit by Executive Director Karl Smithson, Hamak has progressed technical, legal and operational due diligence at Akoko.
Key workstreams underway include:
• Independent legal verification of licence tenure.
• Selection of an experienced drilling contractor for a planned 4,250m reverse circulation drilling programme.
• Detailed topographical surveying across the main zones of gold interest.
• Ongoing engagement with local communities and traditional authorities ahead of drilling.

Upcoming drilling programme

The upcoming drilling programme is designed to confirm and enhance confidence in the existing gold resource, while testing for potential extensions and additional mineralised zones.

Hamak Gold (LSE: HAMA) share price snapshot

Our share performance reflects progress across both gold development milestones and digital asset positioning. We’re committed to transparency and long-term value creation as we expand operations and evolve our treasury model.