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Wagold Gems (African Mining Group)

Company Summary:

  • Since 2002
  • 31-50 Employees
  • Turnover 1,250,000.00 USD per year
  • 95% turn over from existing products
  • 98 year(s) of Export Experience
  • Limited Company

Additional Contacts:

Export Department
Jacob Sultann
Phone: +233 - 2647 - 82107/+233 - 264782107
Fax: +233 -

Company Address:

26 menser drive, p.o box 78 Accra- Ghana
Accra, Accra
Ghana
Web Page Link: http://www.toboc.com/wagoldgemsafricanmininggroup

"WAGOLD GEMS (AFRICAN MINING GROUP)" is listed under following Categories:

About Us

West African gold company WAGOLD GEMS (AFRICAN MINING GROUP)
has identified a new zone of near-surface gold mineralization during reverse circulation drilling at the Aduane prospect, situated midway between the existing Kunche and Bepkong resources.
The company also discovered high grade mineralization at the nearby Sabili prospect, with both prospects forming part of the Company’s Wa Gold Project, located in the emerging north west Ghana mineral province.
The intersections at Aduane included 14m at 2.46g/t gold from surface – ADRC005, incl. 3m at 6.13g/t gold from 11m and 2m at 2.87g/t gold from 31m – ADRC013.
Drilling targeted a zone of rock chip anomalism of up to 8.63g/t gold in an area of very limited outcrop recently identified by Azumah’s field geologists. The mineralisation intersected at Aduane commences at surface, is open in all directions and increases the possibility of additional resources being delineated between the existing deposits.
At the Sabili prospect, located 2km south west of the Kunche-Bepkong mineralisation, RC drilling has intersected high-grade gold mineralization associated with an east-west striking quartz lode.
Intersections included 2m at 18.70g/t gold from 8m – SARC003, Incl. 1m at 34.20g/t gold from 8m; 2m at 5.61g/t gold from 11m – SARC006; and
Sabili is within a trend of untested gold anomalism extending over 1.5km associated with an east-west oriented shear zone and veining - a new mineralised trend for the Wa Gold Project.
Azumah has also completed wide-spaced reconnaissance RC drilling at the Kunche West, Bepkong and Bepkong North prospects.
Preliminary results have highlighted the widespread gold mineralization evident within the Kunche-Bepkong district.
Follow-up drilling is required to investigate and extend anomalous intersections including 16m at 0.78g/t gold from 13m (incl. 4m at 1.67g/t gold from 16m) (KWRC018 Kunche West) 14m at 0.88g/t gold from 31m (incl. 2m at 1.79g/t gold from 31m and 3m at 1.37g/t gold from 41m) (BRC104 Bepkong).
Azumah has completed approximately one third of the 19,000m RC component of its current 41,000m drilling campaign, which is primarily aimed at increasing resources in the vicinity of the existing 754,300 ounce JORC Code compliant Indicated and Inferred Kunche-Bepkong resources.
A 1,000m diamond drilling programme is also underway at the Kunche and Bepkong resources to provide geotechnical information and more samples for metallurgical test work. A 21,000m aircore drilling programme is investigating several new targets generated by Azumah’s geologists within the broader Kunche-Bepkong camp area.
“The confirmation of near-surface mineralisation at the Aduane prospect and also at the nearby Sabili prospect bodes well for the remaining phases of Azumah’s extensive 41,000m RC, RAB and diamond drilling campaigns at the Wa Gold Project,” Azumah’s Managing Director Stephen Stone said.
“The 19,000m RC component of the programme is currently about one third completed and we expect over coming weeks a steady flow of results from this drilling and the supporting 21,000m aircore and 1,000m diamond drilling programmes.
“This is a very important and exciting time for Azumah and, if everything goes as hoped, could result in new resources being added to our current 754,300 ounce gold inventory to provide the critical mass to support our objective of establishing the first stand-alone commercial scale gold mining operation in the emerging north west Ghana mineral province

Export Criteria

Principal Export Regions: Worldwide
Preferred Languages: English
Delay of Payment: Immediate
Modes of Payment: Any Payment Type
Bank Wire Transfer (swift)
Irrevocable letter of credit
Irrevocable & confirmed letter of credit
Cheque
Credit Card
Incoterms: Cost, insurance & freight
Minimum Order Amt: Any Amount
Avg. Production time from a Firm Order: Any Delivery Time
Shipping Port: Accra International Airport
Preferred Currencies: Euros
UK Pounds
US Dollars
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