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.
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
- Exploration and historical work at Akoko have delivered a strong technical foundation:
- An Inferred gold resource of 276,500 ounces, defined through historical drilling and evaluation.
- Hamak’s initial due diligence has confirmed a robust 252,659 ounces of contained gold at an average grade of 0.58g/t., using conservative modelling assumptions.
Akoko Project
- Akoko is located approximately 25km south of Tarkwa, within Ghana’s Ashanti Greenstone Belt. It lies close to the primary mining centres at Tarkwa and Obuasi where major equipment suppliers and internationally accredited laboratory services are readily available.
Positive Due Diligence completed on Akoko Gold Project in Ghana
Following the accelerated completion of a comprehensive due diligence programme, Hamak is proceeding with work towards the acquisition of the Akoko gold project which is located in the world-renowned Ashanti gold mining belt of southern Ghana.
- A 4,250m reverse circulation (“RC”) drilling campaign is planned to establish a JORC-compliant gold resource
- Metallurgical test work to be undertaken on bulk samples to determine likely gold recoveries
- An independent Preliminary Economic Assessment (“PEA”) will follow to establish the economics of a potential future mining venture
- Acquisition cost of Akoko is approximately US$10/oz, to be satisfied in a combination of cash and Hamak shares
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.
Why invest
Invest for exposure to high-grade West African gold and Bitcoin, backed by strategic partnerships.
Investment case
Governed under the London Stock Exchange, providing institutional-grade transparency, credibility, and regulatory oversight.
Our results
A proven track record of discoveries, technical updates, and milestones driving shareholder value.