Azumah Resources Limited is a Perth-based, ASX-listed exploration company focused on its Wa Gold Project, Upper West Region, Ghana, West Africa. It holds 2,400km2 of licences that include >150km strike of prospective Birimian terrain, the rocks that host the majority of West Africa’s major gold mines. It has delineated 2.1Moz Mineral Resources and defined an Ore Reserve of 624,000oz grading 2.14g/t Au and is presently focused on growing these to underpin development. Systematic exploration has identified three flagship deposits: Kunche, Bepkong and Julie plus several satellite deposits. An innovative funding deal with PE group, Ibaera Capital Fund, will see Azumah free-carried for the next two years and an expenditure of A$17M which will earn Ibaera a 47.5% direct interest in the Project. In 2018 the partnership plans to drill 47,000m of combined, auger, aircore, RC and diamond holes.
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