Welcome to Azumah Resources

Azumah Resources Limited is a Perth-based, ASX-listed (ASX:AZM) exploration company focused on a highly prospective gold province in the Upper West Region of Ghana, West Africa.

  • Its focus is to develop the Wa Gold Project whilst continuing to expand resources and reserves through exploration.
  • Licences cover 2,400km2 and encompass >110km strike of prospective Birimian terrain, the rocks which host the majority of West Africa's major gold mines.
  • Systematic exploration has identified three flagship deposits: Kunche, Bepkong and Julie, plus several satellite deposits (Aduane, Julie West, Collette, Danyawu).
  • JORC Mineral Resource of 2.1Moz of gold grading 1.5g/t Au (1.4Moz Measured and Indicated).
  • Feasibility Study completed in February 2015.  Open pit mining inventory of over 652,000oz including a JORC Ore Reserve of 624,000oz Au (9.1Mt at 2.14g/t Au). Study based on +1.2Mtpa plant producing ~90,000oz Au per year over 7-year mine life.
  • Grid power, high quality roads, good access to water and sealed airstrip at Wa.
  • Mining Leases granted.  Environmental permitting underway.
  • Strong community and government support.
  • 16.5% strategic investment in neighbour, Castle Minerals Limited (ASX:CDT) (~10,000km2 under licence).
  • Ghana is 2nd largest African gold producer.  Safe and stable jurisdiction, English legal system.

Key Details

Board & Management:

Chairman:
Michael Atkins
Managing Director:
Stephen Stone
Non-Executive Directors:
Geoff M Jones
Company Secretary:
Dennis Wilkins

Issued Capital:
699.0M ordinary shares
35M 3c options expiring 13.11.2012

View Fly-through movie