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The latest announcement is out from Hamak Gold Limited ( (GB:HAMA) ).
Hamak Gold Limited has announced its audited results for the period ending December 31, 2024, highlighting continued exploration activities at the Nimba license in Liberia, which focuses on the high-grade Ziatoyah gold discovery. The company has conducted detailed geological mapping, sampling, and trenching, revealing promising results that suggest potential for a bulk gold target. A new three-year mineral exploration license has been granted over the Nimba area, and Hamak Gold is in exclusive joint venture negotiations with an ASX-listed company to further advance the project. The joint venture aims to fund exploration, providing Hamak Gold shareholders with exposure to potential exploration success.
More about Hamak Gold Limited
Hamak Gold Limited is a UK-listed company focused on gold exploration in Liberia. The company holds a portfolio of licenses in highly prospective areas, with significant drilling results identifying a new high-grade gold discovery at its Nimba license, located near the commercial Ity Gold Mine in Ivory Coast.
YTD Price Performance: -7.26%
Average Trading Volume: 264,438
Technical Sentiment Signal: Buy
Current Market Cap: £466.2K
Learn more about HAMA stock on TipRanks’ Stock Analysis page.