London-based Hamak Strategy Ltd has moved decisively to strengthen its African gold portfolio, entering a binding agreement to acquire the key Akoko gold exploration licence in southwest Ghana from UK firm CAA Mining Limited.
The deal, which grants Hamak exclusive purchasing rights pending satisfactory due diligence, represents a significant step in the company's unique dual-strategy model that pairs traditional, asset-backed gold exploration with innovative digital asset treasury management.
The targeted licence area holds considerable promise, encompassing a historically defined inferred resource estimated at 276,500 ounces of gold.
Notably, a substantial portion of this resource is believed to be near-surface, positioning it as a potential candidate for lower-cost, open-pit mining operations.
This acquisition aligns with Hamak’s broader objective of securing tangible mineral assets while leveraging modern financial strategies to enhance value and stability. Read more...
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