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GoldStone Resources, listed on AIM, is pleased with the support of the Government of Ghana in the country for the redevelopment of gold mines in the country.
Government support was underscored by the granting of environmental permits for the historical and current gold mine of Moz Obuasi's 70 mines of AngloGold Ashanti.
The granting of permits by the Ghana Environment Protection Agency follows parliamentary ratifications of regulatory and fiscal agreements that cover the redevelopment of Obuasi. The decision of the Ghanaian government follows the AngloGold 's approval in February 2018 that they pledge to spend US $ 31 million for engineering and construction works. other preparatory work as part of their investment of US $ 500 million for the redevelopment of high-grade Obuasi.
In addition, the decision to grant environmental permits underpins the pro-mining environment in Ghana and in particular the very promising district of Obuasi in the Ashanti Gold Belt. – the region in which the Akrokeri-Homase gold project of GoldStone Resources is located.
Akrokeri-Homase is located about 8 km from the Obuasi Gold Mine. The decision bodes well for GoldStone Resources, which also plans to put the project back into production with the support of its two largest shareholders, Paracale Gold, a mining investment specialist, and BCM International, one of the biggest investors in the industry. from Africa's largest private subcontractors.
GoldStone Resources believes that the Obuasi mine and its development plans support the significant potential of Akrokeri-Homase.
Akrokeri-Homase contains two historic gold mines: the Akrokeri high-grade underground mine that produced about 75,000 oz of gold the average recovered grade of 24 g / t and the open pit Homase, a shallow oxide deposit that previously produced 52,000 oz of gold at an average recovered final g Rade of 2.5g / t.
"I am currently in Ghana and there is significant interest in the development of mining opportunities.With the announcement of the government support of the Obuasi mine and the investment of more than 500 million dollars from AngloGold Ashanti, we are very encouraged by the local and national operating environment of our Akrokeri-Homase project Emma Priestley, CEO of Resources
"We have a very high level project that continues to give ; In addition to historical production levels of 24 g / t Au, we have recently identified 8 km of strike, 4 km of which is home to the 602,000 oz Au JORC resource, which highlights the project's significant potential, "says Priestley. [ad_2]
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