Emerging gold developer Adamus Resources is making big inroads in the development of its gold project in
Ghana, and with proven resources and access to quality infrastructure.

Adamus Managing Director Mark Bojanjac said the Company was on track to realising the potential of its Southern Ashanti Project, where it had identified a growing resource of 17Mt @ 2.2g/t for 1,200,000 oz (Measured and Indicated) and 6.3Mt @ 1.9g/t for 390,000 oz (Inferred).

Working committee meetings were held with the Bank of Ghana, Minerals Commission, Ghana and the Environmental Protection Agency. The Feasibility and planning documents have been lodged with the authorities and their detailed review has commenced. The approval process is now well underway with a year end target for finalisation.

Mr Connelly said the company was making significant investments in the local infrastructure, the people and the communities surrounding its operation, as part of its long-term objectives within Ghana. This included the development of a compensation program for the project areas.

“We have worked closely with our community stakeholders in Ghana and have finalised resettlement locations and crop compensation rates for villages directly within the project area,” Mr Connelly said.

Adamus has supported a number of community projects as part of its community development initiatives, including the sponsorship of trainees to acquire technical skills in woodwork, welding, plumbing and metal works at Kikam Technical Institute.

The Company has also invested heavily in other education projects, supporting schools through the provision in services and infrastructure, and will continue to support local education health and community projects that will assist their long-term sustainable development.

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