24Carat Gh. Ltd. is a gold developer, founded and incorporated in Ghana by mining entrepreneurs Dr. David Forson and Robert Anderson. The company's fundamental strategy remains to acquire gold properties that have the potential to be developed into world-class operating mines.
After incorporation, the company entered into agreements which resulted in the company acquiring its two flagship projects: Nkran and Esaase. Together, these projects have a total Measured and Indicated Mineral Resource of more than 15 million ounces of gold and a recently declared Total Mineral Reserve of more than 11 million ounces of gold. The Nkran Project now stands poised to be developed into a high-grade, low cost and long life gold mine. The Esaase Project is still in the feasibility study phase and also has the potential to become a major gold producer once developed.
Our entity is fully compliant in terms of Ghana's legislation
We are gold developers, founded and incorporated in Ghana in 2007.
24Carat Gh. Ltd. is founded and incorporated by mining entrepreneurs Dr. David Forson and Robert Anderson Jnr.
In June 2009 24 Carat Gh. Ltd. concluded an agreement with DRMGold for 24Carat to acquire the entire Nkran Concession.
Construction of Phase 1 of the Nkran Mine was completed in August 2010 within budget and a month ahead of schedule.
Historical trench and soil geochemistry data, along with recent mechanized artisanal mine workings, indicate that our target areas consist of multiple parallel mineralized zones, individually ranging between 3m and 37m in width.
24Carat Gh. Ltd. holds the largest land package on the Asankrangwa Gold Belt and it hosts the Company’s 5.1 million ounces of reserves.
As at September 5, 2015, the Directors and Officers, including members of the Executive Management Team, (and their associates and affiliates as a group) beneficially own, directly or indirectly, or exercise control or direction over, approximately 5,399,814 shares.
Three additional near mine, near surface deposits were discovered - Nkran Extension, Adubiaso Extension and Akwasiso
The regional geology of southern Ghana is comprised of thick sequences of steeply dipping metasediments, alternating with metavolcanic units of Proterozoic age (~2.2-2.3 Ga).
Our mission is to Sustainably produce three to four million ounces of gold annually from six to eight large-scale districts.
We are strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and the neighbouring communities. Various versions have evolved over the years, sometimes by accident, sometimes on purpose injected humour and the like.