Hamak Strategy (LSE:HAMA) reported near-surface, high-grade results from reverse circulation drilling at its Akoko oxide gold project in southwest Ghana, with hole 2026-086 returning 44 metres at 1.61 grams per tonne gold from just 5 metres depth.
The interval includes a higher-grade zone of 2.42g/t gold over 27 metres from 9 metres, itself containing a 7-metre section grading 4.71g/t gold from 19 metres.
The company, which combines gold exploration in West Africa with a digital asset treasury strategy, has now completed 39 holes for 2,310 metres at Akoko North in total.
The latest batch covers five holes for 236 metres, with assays confirming continued mineralisation across the Akoko North geochemical anomaly.
Drilling has moved to the Akoko South prospect, approximately 13 kilometres to the south, where 35 holes for 1,900 metres remain to be drilled, subject to access and ground conditions during the current rainy season.
Results from Akoko North will feed into a future independent mineral resource estimate and preliminary economic assessment for the project.
"Drilling results from Akoko North will be incorporated into a future independent Mineral Resource Estimate and Preliminary Economic Assessment for the Akoko gold project," said Karl Smithson, CEO and Executive Director.
