Invest in a different kind of junior mining company. One primed to make money.
Guskin Gold Corp. (OTC: GKIN) is a junior mining company publicly traded in the United States, with its head office in Santa Clara, California. Guskin is focused on gold exploration and alluvial mining in Ghana, the number one gold producer in Africa and seventh largest gold producing country in the world. The company’s leadership team is second to none. Many are native to Ghana, all offer specialized expertise in the business of gold exploration, mining, public markets, and finance. And all are passionately committed to the success of the company, our partners, and investors.
The Global Economic Problem.
2021. A time of economic uncertainty, political instability, and market turbulence.
With recent global stock market losses climbing past $16 trillion, the coronavirus pandemic is set to rob the global economy of more than $5 trillion of growth over the next two years.
That’s what Bloomberg reports and Wall Street banks are saying. With governments demanding businesses close and people stay quarantined at home, the world is plunging into its deepest peacetime recession since the 1930s.
At the same time, trust in financial institutions and central banking has been waning exacerbated by current circumstances, creating renewed support for tangible assets having a value not based on government fiat.
An Opportunity.
In 1980, traders had bid the price of gold to $594.92 as a hedge against double-digit inflation. Since then, traders have returned to gold after each economic crisis, such as the 9/11 and the 2001 recession. Gold went to $869.75 per ounce during the 2008 financial crisis. The price of 1 ounce of gold hit an all-time record of $1,895 on September 5, 2011, in response to worries that the United States would default on its debt.
There are few times the world has been more uncertain than it is in 2021.
Why gold?
“For the last 5,000 years, so far as we are aware, man has used gold and silver as money, and particularly gold,” says Alasdair Macleod, the head of research at Goldmoney, a Toronto-based investment manager for precious metals. “It’s durable and people respect that it’s got value—it’s actually as simple as that. It is something which markets should be free to choose, and they have chosen gold.”
Unlike other elements in the periodic table, gold doesn’t vaporize into the atmosphere, burst into flames, or poison or irradiate the owner. It’s limited enough that it can’t be overproduced and versatile enough to mint into coins, bars, and bricks. That’s likely why civilizations have always chosen gold as the prime material of value and exchange.
These days when wealth can disappear in a click or with the threat of a virus, perhaps it would be wise to revisit the tangible properties of gold and see why it’s served as the historical default form of money.
Nine drivers that have the potential to push gold to new highs: 1. A History of Holding Its Value. 2. Downward pressure on the U.S. Dollar (and reversion to the gold standard*) 3. Inflation Hedge. 4. Deflation Protection. 5. Global Political Uncertainty. 6. Supply Constraints. 7. Increasing Demand. 8. Portfolio Diversification. 9.Growing Lack of Faith in Fiat Currency.
Why Ghana?
Ghana is the fastest growing economy in the world, driven by gold.
Surprisingly, Ghana is the fastest growing economy in the world according to the World Bank’s Ease of Doing Business Report 2019. Just as surprisingly, it has the best judicial system in the world measured by rule of law, World Justice Projects (WJP) Rule of Law Index 2017-2018.
In 2015, Ghana ranked 6th in Africa on the World Bank’s Ease of Doing Business barometer. It’s ranked as the most stable political environment in West Africa, with the most competitive economy, backed by a government committed to policies that reduce the cost of doing business and promoting investor confidence.
Ghana is the oldest, democratic independent state in Africa, south of the Sahara. The country achieved independence in March 1957 and it has a stable and functioning constitutional democracy. The most recent parliamentary and Presidential elections took place in December 2020. The country has a free press. Its legal system is based on British Common Law.
Growth potential can be seen through improved taxes in Ghana. Ghana cut its corporate tax rate in 2016 and 2017 and has a mineral royalty to a sliding scale based on gold prices, from a 10 percent flat rate. Ghana is a mining-friendly country with two mining colleges and a large workforce trained in the disciplines of geology, exploration methods and mining engineering.
Ghana is the number one gold producer in Africa.
Ghana has risen three places since 2017, to the seventh-largest gold producer in the world. In 2020, Ghana exported 142 tonnes of gold and is now the largest gold producer in Africa. In the process, Ghana has eclipsed South Africa, the leader for decades.
Gold mining was a major source of wealth and trade as far back as Ghana (Wagadou) Empire (c. 300 – c. 1100) and in more recent times when it was known as the Gold Coast.
During 120 years of near-continuous production, Ghana’s largest underground mine, AngloGold Ashanti’s Obuasi mine, has recorded production exceeding 33M oz of Au. In the last 20 years, major and junior companies including Newmont, Kinross, Goldfields, Golden Star, and Perseus, have also committed significant resources to operations in the country.
Ghana is the oldest, democratic independent state in Africa, south of the Sahara. The country achieved independence in March 1957 and it has a stable and functioning constitutional democracy. The most recent parliamentary and Presidential elections took place in December 2020. The country has a free press. Its legal system is based on British Common Law.
Growth potential can be seen through improved taxes in Ghana. Ghana cut its corporate tax rate in 2016 and 2017 and has a mineral royalty to a sliding scale based on gold prices, from a 10 percent flat rate.
Ghana is a mining-friendly country with two mining colleges and a large workforce trained in the disciplines of geology, exploration methods and mining engineering.
Why Guskin?
Guskin Gold is focussed on 4 stepped opportunities in Ghana to ensure diversification of revenue, cashflow, and shareholder returns.
Gold Exploration
We are reviewing and acquiring property with confirmed alluvial and hard rock deposits.
Eco-Friendly Alluvial Mining
Low cost, high yield, eco-friendly mining and gold production.
Gold Production
We intend to develop an onsite gold room for smelting our own and 3rd party gold.
Gold Export
We are currently working to identify partners for the sale of our gold bullion in the world markets.
Ensuring environmentally friendly mining.
Guskin has adopted the UK’s Fairtrade and Fairminded ‘Green Gold’ initiative, which pays licensed small-scale miners a 15% premium over the international price for the adoption of environmentally friendly processing techniques.
Based on the traditional African technique for the extraction of gold employing natural materials in lieu of mercury, miners use balsa tree leaves to produce a soapy film when washing the gold in water. The film traps lighter minerals, effectively separating them from the heavier flakes of gold.
Guskin’s Kukuom Gold Project.
Our Kukuom property is located in the highly renowned Sefwi-Bibiani Gold Belt. The Sefwi-Bibiani Gold Belt is a 40 to 60 km wide typical Birimian volcanic belt, striking 220 km in Ghana and extends SW to the coast in Côte d’Ivoire. It is located north of, and parallel to, the prolific Ashanti Gold Belt, which hosts many of Ghana’s active producing gold mines. Currently the Sefwi Belt hosts three centres of production These include Newmont’s world class Ahafo Mine (17 Moz),Kinross Chirano Mine (5 Moz), and the historic Bibiani Mine (7 Moz). Learn more >
Management Team.
Led by CEO, Naana Asante, the on the ground expertise of the Guskin leadership team is second to none. Many are native to Ghana, all offer specialized expertise in the business of gold exploration, mining, production, and marketing. And all are passionately committed to the success of the company. Meet the team >
How to follow Guskin Gold (OTC:GKIN)
You can follow Guskin Gold Corp. through most online brokers and brokerages. Here are the details you need to know:
1. Guskin Gold Corp. trading symbol/ticker is GKIN
2. They are traded on the USA Over-The-Counter Exchange (otcmarkets.com)
3. You can find today’s price, bid, and ask here.
Forward-looking statements
This presentation contains certain “forward-looking statements” and “forward-looking information” under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward looking information may include, but is not limited to, statements with respect to the future financial or operating performances of the Corporation, estimated of future capital, operating and exploration expenditures, the future price of gold silver, copper, nickel, platinum, and zinc, the estimation of mineral reserves and resources, specifically the updating of the mineral resource at Kukuom, the realization of mineral reserve estimates, the costs and timing of future exploration, requirements for additional capital, government regulation of exploration, development and mining operations, environmental risks, reclamation and rehabilitation expenses, title disputes or claims, and limitations of insurance coverage. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the control of the Corporation and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include changes in market conditions and other risk factors discussed or referred to in the section entitled “Risk Factors” in the Corporation’s most recently filed MD&A has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Last updated June 17, 2021.