GGCO ~ Ghana Gold Corp.
Ghana Gold Corp. ~ Business Description
Since Acquiring Founders Mining & Minerals Last July They Have Produced Some Nice Numbers.
As of September 30, 2012, the Company Had Total Assets of $15,705,914.
Positive Working Capital of $222K and Revenues of $987K.
We Are Profiling GHANA GOLD CORPORATION as We Feel Gold is On the March Higher as the Federal Reserve is Injecting More Money Into The System.
Exploring and Developing Gold Projects in Ghana, West Africa:
Ghana Gold Corporation is a gold exploration and development company in production in Ghana. Ghana is among the most mining friendly countries in the world with staunch land title regulations. As Africa’s second largest gold producer with an estimated 2 billion ounces still un-mined, mining concessions in Ghana are among the most sought after in the world.
The management of Ghana Gold Corporation has invested years in planning and developing local and national relationships with cultural and government leaders, both key to its strategic land positions on the world-famous Ashanti Gold Belt.
Ghana is home to many of the largest and most successful gold mines in history. It is widely believed that Ghana still contains much of the world’s untapped gold reserves.
Reports suggest that Ghana is #10 in the world with the most Gold reserve deposits exceeding 1 million ounces. Essential in unlocking the untapped minerals in the country is the proactive efforts of Ghana’s leaders.
The government of Ghana is committed to development of the country and has a proven record of encouraging investment through private sector development. Through several of its Ministries, including Ghana’s Investment Promotion Center (GIPC), Ghana actively promotes entrepreneurship and believes in creating a competitive climate for local and foreign investment. We believe that, at this moment in history, Ghana provides an opportunity for long-term company growth for those who have the vision.
Company management has worked in Ghana for the past four years developing strategic relationships within the mining industry and with the country’s key leaders. Management has selectively acquired prospective gold-bearing concessions.
In production in Ghana since January 2011, the company soon plans its second stage of growth by commencing with hard rock testing at its’ Offinso Ahenkro concession. Simultaneous with deployment of hard rock testing the company will begin to exploit the concession’s alluvial reserves.
The Corporation’s first foray in Ghana, this sprawling concession in the Western Region has proven a fruitful springboard to other lucrative opportunities.
Located on the western fringe of the Ashanti Gold Belt on one of Ghana’s most prolific rivers, the Ankobra, this concession sits in an ideal geographic setting in the low-laying river bed. Production yields have surpassed even the most optimistic forecasts with our team capturing an average of nearly 1.0 gpt.
Grumesa on the Ofin River
Ghana Gold’s newest development is near the tiny village of Grumesa in the Ashanti Region.
Located very near to the world famous Anglo Gold Ashanti mine in Obuasi Ghana, infrastructure has been built and the company is set to commence production on its second site. Although only a small footprint in relation to Ghana Gold’s other land holdings, advance alluvial tests results proving exceptional.
Offinso Gold Fields at Ahenkro
Ideally located only 45 km northwest of Kumasi, Ghana’s second largest city, the Ahenkro site is situated at the northern end of the famously mineralized Ashanti Gold Belt.
The Ashanti Gold Belt is home to many of the world’s gold industry giants, including; Anglo Gold Ashanti, Resolute, Goldfields, Cluff Gold and Golden Star Resources. Newmont Mining, one of the world’s largest gold companies in the world neighbor’s our site.
Brofoyedro at the River Pra
With options for up to 80 Small Scale Concessions with a land mass approaching 2,000 acres on one of Ghana’s most prolific rivers, The Pra, Ghana Gold is set-up for years of fruitful alluvial mining.
Seldom are alluvial opportunities concentrated in such a mass of land. Located in Ghana’s Central Region, the Brofoyedro is mid-way between Ghana’s largest cities of Kumasi and the capital of Accra. Management is prepared for an aggressive and prolonged approach to harvest the alluvial reserves at the Pra.
Ghana Gold Corp. is publicly traded on the OTC Market under the symbol, “GGCO”, and within the OTC Pink Current Information market tier. As such, Business, Operational, and Financial information on Ghana Gold Corp. is available to public view.
Visit: http://www.otcmarkets.com/stock/GGCO/company-info to see complete details.
Ghana Gold Corp. is Active on the Nevada Secretary Of State site:
A/S: 250 Million
O/S: 200 Million as of 9/30/12 ~ Transfer Agent Not Updating
(Please note the share structure posted is what we have gathered but can change on a daily basis. Contact the Company or Transfer Agent to get the most current information.)
Their latest 10-Q Quarterly Report:
Filed on 12/3/12 ~ For the period ending 9/30/12
Incorporated In: Nevada in 2012
Signature Stock Transfer, Inc.
2632 Coachlight Ct.
Plano, TX 75093
News Disclaimer ~ The following are Press Releases we came across on Yahoo Finance News (or wherever). We have no idea if the content of this news is based on Fact or Fiction. Although Yahoo Finance is a reputable company you should NOT assume that a press release hosted by Yahoo Finance is accurate just because it is on their site. StockGoodies will not be held responsible for any news that is misleading or non factual.
PR Newswire ~ (January 17)
Ghana Gold Corporation Announces Resource Information on Jukwa Concession
PR Newswire ~ (January 15)
Ghana Gold Corporation Announces Acquisition of West African Projects Consult Ltd. (WAP)
PR Newswire ~ (January 11)
Ghana Gold Corporation Completes Corporate Restructuring And Appoints Robert Kirkcaldy As President And COO
595 Stewart Avenue
Garden City, NY 11590
P.O. Box 292
Ashanti Region, Ghana
Toll-Free Telephone Number 1-866-340-3095
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