
2.7 Kilogram Gold Nugget Discovered At Kobada, Mali
- Announced February 26, 2008
- Equivalent To 5.95 Lbs = 95 Ounces
- $90,000 Nuggest Based On $950 Gold Price On February 26.
- View Photo Here
- One Of John Embry's Top Picks on BNN In April 2007. View Video
- 5 "Standalone" Gold Projects In Africa.
- 3 In Mali; 2 In Ghana
SIGNIFICANT INSTITUTIONAL OWNERSHIP
- Sprott AM ~ 12%
- Quantex AG ~ 10%
- Pinetree Capital ~ 7.5%
- TD Asset Management
- Swiss Asia Capital
- Wirth Associates
- OCM Gold Fund
Highest Priority Projects
KOBADA (Mali) - "Flagship" Asset
- 1.2 KM gold in soil anomaly
- Only 10% of 12km Kobada Trend
- Infield drilling has yielded favourable results
- Management believes Kobada Trend may have multi-million ounce gold potential
Asankrangwa Holdings (Manso Atwere)
- Located in highly prospective area
- Contiguous to Esaase property of 1.43 million ounces of gold.
Asankrangwa, Ghana
- 452 Square Km's
- 5 distinct concessions
- Collectively contain a gold-in-soil anomaly measuring 24 Km's in strike length
- Mineralization consistent with ore mined at Nkran Hill deposit (to the south) where 34.5 million tonnes grading 2.22 g/t gold were mined
Veteran Management Team
Over 100 collective years of operating experience on the African continent. Collectively raised over $200 million in exploration capital for gold exploration and development.
Last changed at 11-Apr-2008 09:50AM by AGORACOM