Kukuom Gold Project
Our Kukuom gold project 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 including Newmont, Kinross, Anglogold Ashanti and Asanko Gold are all within 100km of the Kukuom project area.
Our purpose is to smartly find, build, and operate world-class gold properties in Ghana for the benefit of our shareholders.
Historical production in the Sefwi-Bibiani Gold Belt includes:
- Newmont’s Ahafo Gold Mine 17 m/oz
- Bibiani Gold Mine 7 m/oz
-
Chirano Gold Mine 5 m/oz
The Kukuom Concession covers a total surface area of 156 square kilometers and is located between the cities of Goaso and Bibiani in the Ahafo District of Ghana.
Guskin has an option to acquire a 50% ownership interest in the project whereby they we are beginning our 2021 work programme within a 1 square km, or 247 acres at a high-priority target containing both alluvial and hard-rock gold occurrences.
EMS Survey and Priority Target
Guskin’s priority 2021 work program includes further exploitation of a 247-hectare section with proven alluvial and hard rock gold occurrences.
Remote sensing surveys carried out over the property produced a strong priority target anomaly with a North to `South Axis measuring 1,170 meters and a West to East Axis 1,052 meters, or 1,230,840 sq/meters with an estimated 19’ thickness or approx. 6,293,109 tons of target material.
Gold has a nuclear magnetic resonance frequency of 1.754 MHz which can be captured through satellite scanning using the electromagnetic spectrum or (EMS). This energy signature is further isolated through proprietary algorithms and identifies locations where gold is most concentrated and prevalent.
Mineralization of priority target zone
The entire concession is characterized by variably degraded laterite to residual soil profiles with minor caps of indurated ferro-duricrust. The property is underlain by three main lithologies; granitoids, volcanic sediments, and volcaniclastics units which show evidence of later shear zone intrusions exhibiting quartz veins with promising mineralization including sulphides, altered garnet and sericite. The shearing and quartz stockworks are particularly well developed at number of exposed veins in the initial pit area developed (as shown exposed here in Vein 55).
2021 work program
A two-phase work program is underway.
Phase I
Removal of the lateritic overburden layer believed to contain approx. 0.8 gram / ton (on average) down to bedrock. Processing of the material to exploit alluvial gold which may fund continued hard rock studies.
Phase II
Hard rock exploration including a 15 hole drill program and further delineate hard rock targets either within or outside the confines of the known prospects.