AZM
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Company News
Ibaera Capital bypasses Azumah Resources’ board with takeover bid
West African gold explorer Azumah Resources (ASX: AZM) is yet to provide an official response to an unsolicited all cash offer from its Wa gold project joint venture partner and substantial shareholder Ibaera Capital, which also purported Azumah’s board had failed to provide a timely response to its direct proposals. The fully funded offer of […]
Castle Minerals signs earn-in deal with private West Africa company to advance exploration at Ghana gold assets
Junior Australian gold explorer Castle Minerals (ASX: CDT) has signed a US$11.7 million agreement with private West African company Iguana Resources Limited which will see Iguana to earn up to 80% interest in the Degbiwu and Gbiniyiri licences in the Upper West region of Ghana. The agreement was signed by Castle’s wholly-owned, Ghana-based subsidiary Carlie […]
Azumah Resources strikes high-grade ‘blind’ gold discovery at Bepkong
West African gold explorer and developer Azumah Resources (ASX: AZM) has discovered a new “blind” high-grade eastern lode beneath the Bepkong deposit at its Wa gold project in Ghana. The lode was intersected earlier this month at the start of a 40,000 metre multi-target drilling campaign. It is believed to be associated with a major […]
Azumah Resources kicks-off drilling at Wa gold project ahead of updated reserve estimate
Gold explorer Azumah Resources (ASX: AZM) reported the latest drilling campaign had kicked-off at its flagship Wa gold project in Ghana, ahead of feasibility and reserve updates which are expected in the coming weeks. The 40,000m drilling program will focus on upgrading the project’s current resources and reserves to underpin a final development decision which […]
Azumah Resources broadens board experience with new appointments to fast-track Wa
Azumah Resources (ASX: AZM) has broadened its board’s experience with two new appointments to fast-track development of the company’s Wa gold project in Ghana. Debra Bakker has joined the board and brings with her banking and project financier capabilities, while Linton Putland has brought the board his 30-years’ experience as a mining consultant and private […]
Azumah Resources stumbles upon game changing gold intercepts in Ghana
Junior gold explorer Azumah Resources (ASX: AZM) has received exploration results from the Kunche deposit at its Wa gold project in northern Ghana and says the obtained intercepts indicate a “game changer” for the company’s fortunes. The gold explorer has just completed a first phase 22-hole, 3,431-metre RC-drilling programme at the Kunche deposit, to discover […]