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Azumah Resources (ASX: AZM) has expanded The experience of its board of directors with two new appointments to the accelerated development of the Wa gold project in Ghana
Debra Bakker joined the board of directors and brings with her Linton Putland brought to the board his 30 years of experience as a mining consultant and private equity advisor.
Azumah's general manager, Stephen Stone, said the appointments would help the company get financing and make a final decision. , which is expected next year.
"[Ms Bakker] brings more than 25 years of experience as an international banker, negotiator and advisor in the resource sector, while [19] 459025] is very experienced in technical, operational and managerial roles focused on open-pit and underground operations, including several campaigns in Africa, "said Mr. Stone
" We look forward to [Ms Bakker] and [Mr Putland] playing critical roles. " of the company and its innovative partnership with the private equity group Ibaera Capital, he added:
Wa Gold Project
According to Mr. Stone, the Wa has produced "changing" results during In the beginning of May, Kunche target drilling returned a gold thickness of 44m at 5.37 grams per ton of 99m gold, including two 1m intervals at 144g / d. gold and 20m at 10.27g / t d & # 3 The project has a current JORC resource of 2.1Moz of gold content with an average grade of 1.5g / t.
Ibaera wins up to 47.5% in Wa over two years by spending A $ 17 million on project exploration to increase the ore reserves of the current 624,000. Exploration for the September quarter includes drilling to test Kunche's newly identified "feeder area", from exploration drilling to targets at Danyawu, ABC and Butele North, and continued. Stone said:
The project has access to the power grid, sealed roads, skilled labor, and abundant water.
Azumah also claims that the project involves drilling. enjoys strong support from the Government of Ghana and the local community.
An updated mineral resource is written in pencil before the end of the current quarter, with the upgrade of the reserve scheduled for the end of the year. in Azumah were up almost 5% to 0.022 Australian dollars.
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