Hamak Gold has a very experienced Board with vast experience, expertise and knowledge of the mining sector in West Africa and Liberia in particular in a range of commodities including gold.
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.
The Company holds two priority gold exploration licences, Nimba and Gozohn, with an option over two more licences (Fasama & Cestos), covering a combined area of 1,225.9 square kilometers.
The Nimba and Gozohn licences have significant artisanal gold mining activity which provides priority targets for detailed and high-impact exploration programmes.
Hamak has entered the market at an attractively low valuation compared to its regional exploration peers and exploration success may see a valuation re-rating for the Company.
The gold market remains strong and supported by continued economic uncertainty as well as vast government financial interventions as the world emerges from the COVID-19 pandemic.