PORT ST. LUCIE, Fla.,
April 30, 2013 /PRNewswire/
-- Ghana Gold Corp. (OTCMarkets: GGCO) released its March
production results from its Ghana
alluvial production.
According to the company, the new site within the Jukwa
concession produced 1,847 grams of Gold this March compared to
1,394 last March, providing an increase of 32% from the same
period.
The new site took longer than expected to enter into full
production due to various logistical issues, but the company was
able to have 25 days of production in March and expects to continue
to produce at this pace for the next several months. The alluvial
testing on the new site was also very positive whereby multiple
samplings were approaching the 2 grams per ton.
Ghana Gold will continue its alluvial production, while
undergoing exploration of its hard rock reserves to eventually
convert the operation to a full scale mining operations. In
addition, the expertise obtained in operating within Ghana in both the alluvial and hard rock gold
mining has provided the company with the opportunity to work with
the World Sport Alliance Intergovernmental Organization. It
is the company's plan to not only expand its projects in
Ghana, but to the Central African Republic and other African
countries.
"We are very pleased with our recent production results and we
expect that the new site will continue to increase our yield" said
Elaine Affleck, Chief Executive
Officer of Ghana Gold Corp. "Our Ghana operation will continue to
add value for our shareholder as we start acquiring new properties
in Ghana, Central African Republic and other African
countries. Along with the addition of experienced and technical
management," further added Ms. Affleck.
About Ghana Gold Corp.
Ghana Gold Corp. is a gold exploration and alluvial gold
production company with properties in the Republic of Ghana.
Ghana Gold Corp. seeks to expand operations to other neighboring
African countries, which have a great gold mining
opportunities.
Investor Relations: ir@ghanagoldcorporation.com or
info@ghanagoldcorporation.com
Tel 1.866.340.3095
FORWARD LOOKING STATEMENTS
Certain statements in this release, other than statements of
historical fact, may include forward-looking information that
involves various risks and uncertainties. There can be no assurance
that such forward-looking statements will prove to be accurate.
Actual result and future events could differ materially from those
anticipated in such statements. These and all subsequent written
and oral forward-looking statements are based on the estimates and
opinions of management on the dates they are made and expressly
qualified in their entirety by this notice. The Company assumes no
obligation to update forward-looking statements should
circumstances or management's estimates or opinions change, other
than as required pursuant to applicable securities laws.
SOURCE Ghana Gold Corp.