Africa-focused miner Hamak Gold has announced it was admitted to a Standard Listing and to trading on the Main Market of the London Stock Exchange.
The company said in a statement it is a gold exploration business with a prospective portfolio of licenses over Liberia’s greenstone belt geology.
The miner “holds two priority gold exploration licences, Nimba and Gozohn, with an option over five more licences (Lofa, Fasama, Cestos, Sinoe and River Gee), covering a combined area of 4,965 square kilometers,” according to the statement. “The Nimba and Gozohn licences have significant artisanal gold mining activity which provides priority targets for detailed and high-impact exploration programmes”.
"Our exploration strategy is designed to achieve early exploration success, however we also recognise that Liberia presents wider opportunities to grow Hamak Gold,” said Karl Smithson, the executive director of Hamak Gold.