NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF
SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION
THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION.
28 May 2024
Hamak Gold Limited
("Hamak Gold" or the
"Company")
Updated Corporate Presentation and
Exploration at Nimba
Hamak Gold Limited (LSE: HAMA) is pleased to
announce that it has updated its corporate presentation and
uploaded it to its website at https://hamakgold.com.
The Company further announces that it has
commenced the next phase of exploration work at its high-grade
Ziatoyah gold discovery in the Nimba permit in northern Liberia.
Work will follow the recommendations of its independent consulting
geologist Dr Colin Andrew. This will include detailed field and
structural mapping, rock chip sampling and trenching aimed at
determining the next sequence of drill holes to follow the
continuation of the wide mineralised gold intersection discovered
at Ziatoyah into the strong gold in soil anomaly that extends along
a 5.7km x 1km northeast trending zone, where numerous peak values
of over 1,000 ppb ("parts per billion") are recorded.
Karl Smithson,
Executive Director of Hamak Gold commented:
"This structured exploration programme is the
next step in further evaluating the continuity and structural
control of the gold mineralisation so far discovered at Ziatoyah,
including a best intersection of 20m @ 7g/t Au. within the
northeast trending extensive gold in soil anomaly, the majority of
which is yet to be tested. The aim of this work is to enable
planning of the next sequence of drill holes in the exploration
programme."
Figure 1:
Location of
Nimba Permit
Figure 2:
Ziatoyah
Discovery Area in the Nimba Permit
Figure 3:
Ziatoyah
Discovery Showing Extensive Gold in Soil Anomaly and Location of
Drill Holes
For the purposes of UK MAR, the person
responsible for arranging the release of this announcement on
behalf of Hamak Gold is Karl Smithson, Executive
Director.
For
further information you are invited to view the Company's website
at www.hamakgold.com or please
contact:
|
Hamak Gold
Limited
Amara Kamara
Karl Smithson
|
+231 (0) 77 005 0005
+44 (0) 77 837 07971
|
|
Peterhouse
Capital Limited (Broker)
Lucy Williams
Guy Miller
Yellow Jersey
PR
Charles Goodwin
Annabelle Wills
|
+44 (0) 20 7469 0930
+44 (0) 20 3004 9512
|
About Hamak Gold Limited
Hamak Gold Limited (LSE: HAMA) is a
UK listed company focussed on gold exploration of a portfolio of
licences in highly prospective areas of Liberia, where significant
drilling results have identified a new high-grade gold discovery
with the discovery hole returning 20m @ 7g/t Au near surface in its
Nimba licence on the border with Ivory Coast which is located in
proximity to the commercial Ity Gold Mine.