The Ghana Gold Board (GoldBod) has signed an agreement with the Ghana Geological Survey Authority (GGSA) to undertake geological investigations in three mineralised areas namely; Funsi, Atuna and Bensere East.
The initiative, described as Phase One of the project, will focus on generating credible geological data to support the establishment of model mines across the country.
The agreement is also expected to enhance geological understanding of the selected areas and support more efficient and environmentally responsible mining operations.
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“The GoldBod has today [March 16, 2026] signed an agreement with the Ghana Geological Survey Authority (GGSA) to conduct geological investigations in Funsi, Atuna and Bensere East areas (Phase 1),” CEO of GoldBod Sammy Gyamfi said.
He added that the move marks “a major step by the GoldBod towards supporting responsible and data-driven mining in Ghana.”
According to GoldBod, the geological investigations will be carried out over a four-month period at a cost of GH¢27.5 million.
“The cost of Phase One (1) of the geological investigation services to be provided by the GGSA over a four (4) months period is GH¢27.5 million,” he noted.
The three project sites form part of a broader set of 20 mineralised, blocked-out areas that were released to the GoldBod by the Minerals Commission of Ghana.
The Ghana Gold Board explained that the broader objective is to strengthen the country’s mining sector through improved data and planning.
“The project is aimed at generating credible geological data for the establishment of model mines in the country,” it said.
GoldBod further emphasised its commitment to sustainable resource development and national benefit.
“Through initiatives like this, the GoldBod continues to work towards promoting sustainability, while maximising national gold output for the benefit of Ghanaians,” the statement concluded.
GOLDBOD SIGNS AGREEMENT WITH GHANA GEOLOGICAL SURVEY AUTHORITY (GGSA) FOR GEOLOGICAL INVESTIGATIONS IN RESPECT OF MINERALIZED BLOCKED-OUT AREAS IN FUNSI, ATUNA AND BENSERE EAST
— Ghana GOLDBOD (@GhanaGOLDBOD) March 16, 2026
The GoldBod has today signed an agreement with the Ghana Geological Survey Authority (GGSA) to conduct… pic.twitter.com/Oxs0ZiNens
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