• Hamak Gold has a strong management team with vast experience, expertise and knowledge of the West African mining sector (particularly Liberia) which is complimented and supported by the excellent technical team of our partner First Au Ltd.
  • Currently Hamak Gold’s projects are located in Liberia, an under explored country for gold. Liberia has great potential for gold discoveries of the size similar to those in other geological settings and neighbouring gold producing countries, i.e. Guinea, Côte d’Ivoire, Sierra Leone and Ghana.
  • Through its subsidiary 79 Resources Inc., the Company has been issued with a new 827 km² exploration licence covering it’s Nimba interests, including the high-grade Ziatoyah prospect, which is valid for three years with an option to extend to an additional two years of exploration time.
  • In this persistently poor capital market for small – cap resource companies, Hamak Gold has managed to attract an ASX listed company (First Au Ltd) that will fully fund the Nimba Project going forward ultimately towards a maiden resource declaration.
  • The high – grade Ziatoyah prospect, which includes best drill intersection of 7 g/t Au over 20m, is supported by an extensive 5.7 Km x 1 Km strong gold-in-soil anomaly which will be part of the focus of an aggressive drill programme.
  • An active 2025 drilling programme will yield regular, positive news flow. As a Company, Hamak Gold will also continue to seek additional projects in the resources space in West Africa to boost the Company’s port, that can provide further value opportunities for investors.
  • The gold market remains strong and supported by continued economic uncertainty as well as vast government financial intervention as the world emerges from the Covid – 19 pandemic.

 

Liberia – a new frontier for gold exploration:

 

  • Liberia is a stable but under-explored country compared to geologically similar neighbouring West African countries, a promising new frontier for gold exploration.
  • Two Liberian gold exploration licences Nimba and Gozohn and options on five more Lofa, Fasama, Cestos, Sinoe and River Gee together covering 4,965 sq km. CPR completed by experienced Competent Person.
  • Highly prospective geology for gold with active artisanal workings in many licences.
  • Significant increase in Liberian gold exports since 2007 to currently >7,000kg p.a.
  • Mapping by USGS in 1970’s identified over 600 gold occurrences in Liberia.
  • Recent exploration and development led by Avosero Resources, MNG and Hummingbird identified large scale resources.
  • Hamak’s licences all have favourable geology and structures for gold.
  • Nimba and Gozohn licences in particular have intensive artisanal workings indicative of proximal bedrock gold sources and will be prioritised for detailed exploration.