Pmi gold corporation: obotan gold project feasibilit

The obotan gold project was previously operated by resolute mining ltd and closed in 2002 after producing a total of 730,000oz at an average grade of 2.2g/t gold when the gold price averaged approximately us350/oz. pmi gold retained srk consulting of perth, australia to complete an independent estimation of the mineral.

Feb 06, 2014 through the acquisition of pmi, asanko has further strengthened its portfolio of assets in ghana, which now include the obotan gold project and the diaso regional exploration project. asanko is managed by highly skilled and successful technical, operational and financial professionals.Aug 30, 2012 in addition to equities efforts, pmi is coordinating efforts with six australian, u.k., and african banks to arrange debt between 150 to 200 million for the obotan mining project.

Pmi gold corporation is a junior gold exploration company. the company recently acquired three former gold producing mines in ghana: nkran, abore and adubiaso. these mines were previously operated as the obotan gold mine by resolute amansie limited, a subsidiary of resolute mining of australia.

In addition to developing a mine at kubi, pmi gold has contracted golder to prepare an initial resource estimate for the nkran deposit at our obotan gold project. ghana is africas second largest gold producer and has attracted over 7 billion in foreign direct investment into the minerals and mining sector over the last decade.

A golden future in ghan

Mar 21, 2013 asante gold corp cve:ase has updated shareholders thursday with respect to the previously announced acquisition of a 1 percent net smelter returnmining.

all resources noted above are pre-mining 3. n. pmi gold kubi 0.4 moz pmi gold obotan 1.2 moz. obotan gold project • previous gold production from 3 open pits mined by resolute mining limited mining • previous gold mining at obotan and kubi provides a major advantage to assist.

Nov 21, 2012 pmi gold corporation is pleased to announce that the mining leases covering its flagship 100-owned obotan gold project in south-west ghana have been formally granted by themining mining.Apr 05, 2013 a month after pmi gold pmv-v and keegan resources kgn-t, kgn-x called off their merger plans in february because it appeared unlikely that pmi golds shareholders would approve the deal, drill results continue to identify anomalous gold atmining.Kubi offers upside for pmi gold Nov 21, 2012 pmi gold corp. secures grant of mining leases for obotan gold project pmi is pleased to announce that the mining leases covering its flagship 100-owned obotan gold project in south-west ghana mining.Jan 17, 2011 obotan gold project: at pmi golds flagship obotan gold project, where previous mining yielded 730,000 ounces of gold at a grade of 2.2 g/t at gold prices below us350 per ounce, in 2010 pmi gold announced a maiden 1 million ounce gold mineral resource estimate1 and the commencement of an aggressive drilling campaign.Aug 28, 2012 pmi gold corporation pmi or the company is pleased to report positive results from the independent ni 43-101 feasibility study on its flagship 100-owned obotan gold project in mining.Pmi gold corp. controls two advanced stage gold properties in ghana. the flagship obotan property has a gold resource of 3.11 million ounces measured and indicated, and 1.40 million ounces inferred.

Feb 19, 2013 pmi has continued its focus on the development of the obotan project, with a clear objective of progressing the project design, major contracts and financing towards a production decision. we are committed to achieving our goal of first production by the second half of 2014, said pmi gold‘s md and ceo, collin ellison.

Company announcement: pmi gold corporation ha

Pmi gold is set to advance its new obotan project strategy in ghana when it completes a maiden jorc mineral resource by the end of the year for its dynamite hill prospect. dynamite hill, 7km from the proposed nkran processing facility at obotan, was discovered this year after rc drilling revealed a series of broad, high-grade gold intersections. recent drilling extended the strike to over 600m mining.During 2012 orelogy was commissioned by pmi gold corporation pmi to undertake the mining engineering components of the definitive feasibility study dfs. in addition to this work in q3 and q4 2012, orelogy continues with work related to the implementation of the obotan gold project.The esaase and obotan gold projects into an integrated mining operation is an overwhelmingly accretive transaction for both asanko and pmi shareholders due to the inherent synergies that can be captured through co-developing the projects. the combined esaase-obotan resource base is mining.

Jan 17, 2013 pmi also holds 2 mining leases and 2 concessions within the ashanti gold belt which comprises the advanced exploration kubi gold project. the obotan gold project measured resources of 15.57mt grading 2.47g/t au for 1.23moz; indicated resources of 29.21mt grading 2.00g/t au for 1.88moz; and inferred resources of 21.91mt grading 1.99g/t au for 1 mining.

Asanko gold to acquire pmi to create a

Sep 26, 2012 pmi gold corporation pmv.v announced that the minerals commission of ghana has recommended that the minister of lands and natural resources grant. pmi gold to receive mining leases for obotan mining.Feb 18, 2013 pmi also holds 2 mining leases and 2 concessions within the ashanti gold belt which comprises the advanced exploration kubi gold project. the obotan gold project measured resources of 15.57mt grading 2.47g/t au for 1.23moz; indicated resources of 29.21mt grading 2.00g/t au for 1.88moz; and inferred resources of 21.91mt grading 1.99g/t au for 1 mining.Galiano gold The obotan gold project consists of four separate gold deposits in north west ghana. in 2011 pmi have requested that orelogy undertake a review of the mine planning component of the pre-feasibility study. during 2012 orelogy was commissioned by pmi gold corporation pmi to undertake the mining engineering components of the definitive mining.Pmi gold corporation. pmi gold corporation is an international gold company which is focused on developing a substantial west african gold business spanning three strategic project areas in south-west ghana - in the heart of one of the worlds most prolific gold producing regions. our strategic objective is to become a west african gold mining.Oct 19, 2011 the obotan resource estimate has increased 270 more than tripling to 4.5moz au upfrom 1.2moz with an increase in overall grade to 2.35g/t au up from 2.02g/t au.

Pmi gold corporatio

Aug 28, 2012 this news release is not for distribution in the united states or to u.s. news agencies development of 220,000oz pa west african gold mine on track to commence inmining may 21, 2021.

Jul 09, 2012 pmi gold announced that it has entered into an agreement with midras to acquire the mining lease to the companys mining in the design of infrastructure within the obotan mining.Pmi gold corporation: agreement to purchase  Pmi gold’s obotan project, in ghana, is the near-term production opportunity capturing market attention and the first of three emerging mining centres the company is developing as it goes about becoming a significant west african gold producer.Obotan ml corporation buasi 60 moz anglogold ashanti kubi pmi c poration kubi project damang 13.4 moz oldfields akyem 8.4 moz newmont koforidua accra cote divoire sou pmi gha oooia tarkwa25 r goldfiel iduapriem 23 moz anglog01d asha i anti 2.1 moz cape coast 1 oo km gulf of guinea minetoepasit shear zone soil sample au trend gold belt.

Pmi was able to procure obotan’s mining lease shortly after completing the feasibility study. and in 2013 it continued to explore the project while performing pre-development work in preparation for a mine build. the critical component of this build was financing, which is no easy feat in these crummy gold markets. mining.

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