Publicly traded on the OTCQB Venture Market. OTCQB:GKIN


Kukuom Gold Project


In preparation for an upcoming drill and open pit bulk testing program scheduled to begin in October 2022, the Company collected six samples on the Kukuom property from the hard rock vein, surrounding open pit wall, and two historic alluvial tailing piles found onsite (see Figure 1).

Most notably, three samples were taken from two bedrock pits exposed vein and measured 46.6 grams per tonne (g/t) and 10.65 g/t gold. The third sample was a combination of both pits, crushed, and panned with the slurry measuring 23.3 g/t gold (see Figure 2). Additionally, a random wall sample taken measured 1.84 g/t gold, and samples of two historic tailing piles were also taken to be studied. Historic tailing samples may be of interest for studies of historic artisanal mine locations, non-modern mining techniques, the gold left behind from the alluvial payload. The two samples contained 1.14 g/t and 0.80 g/t gold.

The six samples collected were overseen by Naana Asante, Guskin Gold CEO, and Owusu Sekyere Boateng, P.Eng. MEng, head of Mine Operations and Engineering and were delivered to ALS Geochemistry Labs’ facility in Kumasi, Ghana. The six grab samples tested for gold were determined by ALS’ method Au-AA23, which is a fire assay with an atomic absorption spectroscopy finish on a 30-gram split. Guskin Gold is reliant on ALS in Kumasi, for its quality assurance/quality control protocol, as these are preliminary samples and limited in number.

The positive results of high-grade gold samples, and multiple geophysical anomalies, represent strong drill targets for the Company and very favourable indicators for our bulk sampling program.

The Company is hoping to conduct a drill program with field crews in summer 2022 with efforts focused on opening a test pit for bulk sampling.