Integrity Media has over two decades of experience working in the public markets in the United States and Canada and is led by published author, founder, and president Kurt Divich. Mr. Divich is a veteran investor relations specialist and a premier journalist in the financial industry. He has consulted and provided investor relations services to public companies ranging from American icons like Smith & Wesson to emerging companies like Guskin Gold Corp.
The Kukuom Gold Project is located in Asunafo South District, Ahafo Region, and is a Joint Venture Partnership with Danampco Company whereby Guskin Gold has an exclusive seventy (70%) percent ownership interest.
Francis L. Agezo is a Ghanaian geologist with over 40 years of experience in all phases of exploration for gold and other minerals, spanning the exploration/mining industry and government and having served in various capacities as geologist, project geologist, senior exploration geologist, country manager, geology and tenement manager, senior director (land and tenement management), country director, non-executive technical director and consultant.
As previously reported six (6) high-priority airborne geophysical anomalies were identified, the most promising, a 2,000 meter long anomaly directly overlain and correlating to the previously announced high-grade gold samples.
The report identifies six (6) high-priority target anomalies. The most promising, a 2,000 meter long anomaly directly overlain and correlating to the previously announced high-grade samples, which tested up to 46.6 g/t gold in the open pit.
In Guskin’s resource evaluation modelling, the effective area established was determined to be 33.8 acres which corresponds to 136,700 square meters. The average gravel thickness was 0.8m, hence the volume of the estimated gravel resource is 136,700 x 0.8 = 109,360 m3. With a weighted average grade of 0.41 g / m3, the gold contents are estimated to be 0.41 x 109,360 = 44,838 grams (or 44.84 kilograms), for a gross production value of over $2,667 million USD (assuming gold price of $1,850 USD / ounce). *
Per the Joint Venture Agreement EGCL granted Guskin Gold Ghana an exclusive seventy percent (70%) ownership interest in the Tepa Concession for the purpose of commercially producing alluvial gold from the property.
The Kukuom Concession is located in the highly renowned Sefwi-Bibiani Gold Belt between the cities of Goaso and Bibiani. Known gold producers including Newmont, Kinross, Anglogold Ashanti and Asanko Gold, and are all within 100km of the Kukuom Project area. Historical production in the Sefwi-Bibiani gold belt include Newmont’s world class Ahafo Mine with over 17 million ounces of gold, Kinross’ Chirano Mine at 5 million ounces, and the historic Bibiani Mine with 7 million ounces.
Per the Agreement DCL granted the Company an exclusive seventy (70%) percent ownership interest in the Kukuom Shewn Edged Pink Concession (the “Kukuom Concession”). Notably, under the new contract the Company increased its ownership interest from 25% to 70%, and the property size increased from one (1) square kilometer surface area to 156 square kilometers.
Mr. Andrews has worked both as a private legal practitioner, a corporate law specialist, and a consultant in law, commerce, mining, and investment. He is the Founder and Managing Director of Blackwood Legal Services in Accra, Ghana with both local and international clients from Europe, China, the United States, and South America.