Akobo Minerals

Stand: Explorers Showcase, ES 3

Mining & Exploration Company

Ticker: OTCQX: AKOBF; OSE: AKOBO
Project Name: Segele
Project Location: Ethiopia
Commodity Exposure: Gold
Company & Project Background:
Akobo Minerals is a Scandinavian-based gold exploration and boutique mining company, currently with ongoing exploration activities and mine operations in the Gambela region and Dima Woreda, Ethiopia. The company has established itself as a leading gold exploration company in Ethiopia through more than 13 years of on-the-ground activity.

Akobo Minerals has recently started mine operations of its very promising Segele target. It has an Inferred and Indicated Mineral Resource of 68,000 ounces yielding a world-class gold grade of 22.7 g/ton, combined with an estimated all-in sustaining cost (AISC) of USD 243 per ounce. Still open to depth, the gold mineralised zone continues to expand and will have a positive impact on future resource estimates and mine-life. The exploration license holds numerous promising exploration resource-building prospects in both the vicinity of Segele and in the wider license area.

Location
South Africa

Website
akobominerals.com/

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