Hamak Gold’s projects are located in Liberia, an under explored country for gold, with strong potential for sizeable discoveries, that is geologically similar to other gold producing countries surrounding Liberia, such as Guinea, Côte d’Ivoire and Sierra Leone.
Through its Liberian registered subsidiary company, 79 Resouces Inc., the Company holds the high priority Nimba exploration licence (MEL 7012725) covering a area of 827.2 square kilometers.
The Nimba Gold Project is adjacent to the 5 Moz Ity Gold mine.
The Nimba Project is fully funded by First Au Ltd which will also see Hamak Gold receive A$1.9m of FAU shares, with further A$2 million of FAU shares subject to resource declaration.
The Ziatoyah prospect includes best drill intersection of 7g/t Au over 20m and trenching of 0.63g/t Au over 55m and 1g/t Au over 11m.
This high-grade gold discovery is supported by extensive 5.7km x 1km strong gold in soil anomaly and will now be subject to an aggressive drill programme
The Company’s strong management team is now supported by the excellent technical team of FAU to advance the Nimba project
An active 2025 drilling programme will yield regular, positive news flow
New project evaluation is ongoing to boost the Hamak Gold portfolio