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Mining & Metals Gold exploration Hamak Gold

Hamak Strategy hits high grade gold at Akoko North

Reverse circulation drilling at the Akoko oxide gold project in southwest Ghana returned a near-surface intercept of 3.42g/t Au over 23m, including higher-grade shoots, and extends mineralisation eastward of the known zone.

by tickstock newsroom
The image features a mound of golden particles being poured from above, creating a sparkling effect against a dark background. The light reflects off the gold, emphasizing its texture and shine. aiImage created using AI — ChatGPT

Hamak Strategy (LSE:HAMA) reported latest drill results from its Akoko oxide gold project in southwest Ghana, including near-surface RC intercept of 3.42g/t Au over 23m from 15m depth.

Assays from a further four shallow holes totalling 141m form part of 39 RC holes for 2,280m completed to date, and the rig is being mobilised to Akoko South, where 36 holes for 1,940m are planned, subject to access constraints from seasonal heavy rain, the company said.

"High-grade intersections continue to be made near surface in the Akoko North area," said Karl Smithson, CEO and Executive Director.

Hole 2026-043 produced the headline result and returned included higher-grade intervals of 24.01g/t Au over 1m from 20m and 6.30g/t Au over 2m from 33m within the wider oxide zone.

Analytical QA/QC for the programme follows the procedures set out in Hamak's announcement of 11 May.

Drilling will continue at Akoko South, and the company will provide further assay updates as results are received.

by tickstock newsroom