P.M.I Gold takes over Obotan Mine

Manso-Nkwanta, (Ash), Feb. 25, GNA - A four-member delegation from the P.M.I Gold, a Canadian gold mining company, which took over from the Resolute Amansie Limited at Manso-Nkran in the Amansie West District of Ashanti on Tuesday called on the paramount chief of Manso-Nkwanta traditional area, Nana Bi-Kusi Appiah 11 to brief the traditional council on the mining activities to be undertaken in the area. Douglas R. Macquaine, leader of the delegation told the council that drilling to moderate depths under the pit on their newly acquired Obotan Mine indicated a strong potential to develop high-grade underground resources.

He said in January this year, P.M.I Gold commissioned R.S.C Global Consulting Limited of Perth, Australia, to undertake a preliminary concept study to review the Obotan database.

The review he said included previous resource models and determined the economic and technical potential for underground mining operation as confirming sufficient resources.

Mr Macquaine said R.S G review would also look at the possibility of gold recovery from the 24 million tones estimated to be in the rock dump at the Manso-Nkran pit.

Nana Appiah 11, thanked the company for taking over from Resolute Amansie Limited and appealed to them to provide the needed assistance to the communities in which they would operate and also consider the youth in the District for employment in the mines. Nana Appiah pledged his full support for the company in the discharge of its duties.