GoldStone Resources has initiated a project to potentially revitalise the old Akrokeri underground mine. The mine is situated within the Akrokeri prospecting licence, approximate 1.5 km south of the proposed AK01 South pits.
It is recorded by the Ghanaian Minerals Commission that the Akrokeri mine produced some 75,000 ounces of gold between 1904 and 1909, from about 104,000 tons (94,347 tonnes) of ore, equating to a recovered grade of about 0.73 ozs/t, equivalent to 24g/t.
The mine closed in 1909, due to a high inflow of water.
GoldStone is currently reviewing the possibility of opening up the old underground workings at the mine, to explore the potential mineralised zones along strike extensions and within the old workings, as substantial areas remain untested.
GoldStone said its team was continuously examining the historical data for the Homase/Akrokeri mineralised zone, which was opening up new areas to re-assess, as exemplified here.
At 8:02am: (LON:GRL) GoldStone Resources Ltd share price was +0.15p at 2.1p