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Mining & Metals AIM & Small Cap Hamak Gold

Hamak Gold hits high-grade sulphide zone at Akoko South as resource estimate nears completion

A drill hole at the Akoko South prospect in Ghana returned 6.46 g/t gold over 4 metres, including 20 g/t over 1 metre, pointing to a deeper primary gold system beneath the shallow oxide mineralisation.

by tickstock newsroom
The image depicts a close-up of a rock formation containing visible gold veins, alongside a metal plate engraved with the chemical symbol 'Au' for gold. The contrasting textures of the rough rock and the smooth metal highlight the beauty of natural minerals. aiImage created using AI — ChatGPT

Hamak Strategy (LSE:HAMA), an AIM-listed gold explorer in West Africa that also holds a digital asset treasury, has reported further high-grade reverse circulation drilling results from its Akoko oxide gold project in southwest Ghana.

The standout intercept, from hole 2026-061, returned 4 metres at 6.46 g/t gold from 32 metres depth, including 1 metre at 20.03 g/t from a shallow sulphide zone, a result the company says indicates potential for a deeper primary gold system below the oxide level.

Wider, lower-grade shallow oxide intersections from the same six-hole, 234-metre programme include 28 metres at 0.66 g/t from surface and 17 metres at 0.51 g/t from surface.

Drilling at Akoko South has been paused due to heavy seasonal rains, with the remaining holes to resume once conditions allow.

The company says its completed 46-hole, 2,514-metre programme is now sufficient to compile a maiden industry-compliant mineral resource estimate for Akoko, incorporating historical intercepts such as 15 metres at 8.82 g/t and 61 metres at 1.03 g/t.

"I look forward to the results, which will be announced when available," said CEO Karl Smithson.

by tickstock newsroom