Hamak Gold (LSE:HAMA) is a mining exploration and development company operating in Liberia, with two gold Mineral Exploration Licences (MELs) that cover an area of 1,116.2 km2. Liberia is considered highly prospective for gold, and is a geologically similar jurisdiction to the neighbouring gold producing countries such as Guinea, Côte d’Ivoire, Mali, Senegal, Burkino Faso and Ghana.
In addition Hamak Gold has secured an option to acquire a further five MELs that cover an area of 3,213 km2 should the gold prospectivity be confirmed from reconnaissance sampling work and results.
Having an experienced Board and Management team in place with an excellent operational history in the region and in gold, Hamak Gold is well placed to deliver on its strategy of quickly, efficiently and safely developing its licences through systematic, multidisciplinary exploration.