Hamak Strategy Limited (LSE: HAMA) has disclosed a preliminary gold resource estimate of 210,430 ounces at its Akoko Gold Oxide Project in Ghana, meeting NI43-101 standards. The discovery includes over 120,000 ounces within 50 meters of the surface at an average grade of 0.81 grams per tonne. The company completed reverse circulation drilling totaling 2,514 meters during the six-month period ending June 30, 2026, and has since expanded its exploration efforts. A preliminary economic assessment for a shallow open-pit and heap-leach operation is expected before year-end, with Snowden Optiro leading the study.
Hamak Strategy Announces 210,430oz Gold Resource at Ghana Project
The company reports a significant oxide gold resource at Akoko, Ghana, and updates on capital raising and debt restructuring efforts.
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David Chen · Commodities Desk · 25 Sept 2026 · 14:27 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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David Chen
Commodities Desk
David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.
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