Akoko, Ghana
Advancing a defined gold resource towards development.
Hamak is advancing the Akoko Gold Project, a near-surface gold project located on Ghana’s prolific Ashanti Gold Belt, one of West Africa’s most established gold-producing regions.
Unlocking the Value of Akoko
Following an extensive historical drilling campaign and more recent Hamak verification drilling programme together with an independent resource assessment, the Akoko deposit now has a maiden NI 43-101 Mineral Resource Estimate of 210,430 ounces of gold at 0.76 g/t Au.
With more than 120,000 ounces of oxide gold within 50 metres of surface, encouraging initial metallurgical recoveries and significant exploration upside, Hamak has now appointed an independent Preliminary Economic Assessment (PEA) and is advancing this potentially technically and economically viable project.
The Company holds an option to acquire 100% of Akoko for cash and shares consideration equivalent to approximately US$15 per current resource ounce.
Akoko Project
Project highlights:
- 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.
Maiden independent NI 43-101 Mineral Resource Estimate
Average resource grade
Shallow oxide gold within 50m of surface
Initial oxide gold recoveries from metallurgical test work
Gold-in-soil geochemical signature drill tested to date
Of the geochemical signature tested by drilling to date
Approximate cash and shares consideration for the option to acquire 100% of Akoko
Drilling confirms near-surface gold mineralisation
In June 2026, Hamak completed an initial 2,514m reverse circulation drilling programme comprising 464holes across the Akoko North and South licence areas.
Financing & Acquisition Pathway
Hamak has appointed Verdant IMAP as exclusive adviser and arranger for the financing and strategic development of the Akoko Gold Project.
The mandate is intended to help establish a financing pathway as Akoko progresses through its Preliminary Economic Assessment and towards potential mine development, including funding solutions for the exercise of Hamak’s option to acquire 100% of the project.
Hamak holds an exclusive option to acquire a 100% interest in Akoko for cash and shares consideration equivalent to approximately US$15 per current resource ounce.
The Company intends to use the results of the independent Mineral Resource Estimate and PEA to inform its decision on whether to exercise the option and proceed with the acquisition.
The objective is to establish an appropriate financing structure for Akoko while seeking to maximise project-level value and manage shareholder dilution.
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.