Wednesday, January 16, 2013 10:22:37 AM
$GGCO Products and Services
Ghana Gold’s Corporation projects range from alluvial production to exploration of hard rock concessions. Current production has commenced with alluvial (surface mining) while the team prepares to conduct testing for hard rock deposits within existing properties.
The Corporation is also constantly reviewing new gold projects to further expand its mining options and bring added value to shareholders.Ghana Gold’s current portfolios of properties provide the company both lucrative immediate gold positions while also providing for future growth requirements.
In addition to its producing site in Western Region, management has secured alluvial and hard rock sites on the world-famous and proven Ashanti Gold Belt.
The Jukwa and Grumesa sites serve as a significant springboard for Ghana Gold’s leap into the big leagues of hard rock producers in 2013
Ghana Gold Corporation has focused its exploration and acquisitions on the well-mineralized Ashanti Gold Belt. The Ashanti has long been hailed as one of the world’s major sources of gold. Most of Ghana’s past production of over 120 million ounces derived from the Ashanti belt. The Ashanti, is home to several of the world’s major producers, including Anglo Gold Ashanti in Obuasi; where reports indicate an average production of 1,100 kilo per month. Still even with a prolific past history of gold production, there is an estimated 2 billion ounces of un-mined gold within Ghana. Ghana Gold Corporation will continue to utilize its’ hybrid plan of exploration and production by immediately commencing alluvial production while simultaneously undertaking the more time consuming process of hard rock reserve testing and evaluation.
GHANA
Ghana is home to many of the largest and most successful gold mines in history. It is widely believed that Ghana still contains much of the world’s untapped gold reserves.
Reports suggest that Ghana is #10 in the world with the most Gold reserve deposits exceeding 1 million ounces. Essential in unlocking the untapped minerals in the country is the proactive efforts of Ghana’s leaders. The government of Ghana is committed to development of the country and has a proven record of encouraging investment through private sector development. Through several of its Ministries, including Ghana’s Investment Promotion Center (GIPC), Ghana actively promotes entrepreneurship and believes in creating a competitive climate for local and foreign investment. We believe that, at this moment in history, Ghana provides an opportunity for long-term company growth for those who have the vision.
History
In pre-colonial times, present-day Ghana was one source of the gold that reached Europe via trans-Saharan trade routes.
The area has produced and exported gold for centuries, in fact its’ name in colonial times was “The Gold Coast”. During its time under British rule Ghana suffered significant under-development in its infrastructure as the emphasis at the time was on short-term profit from trade. After independence in 1957 the country was left with only limited trade in several commodities and relatively no manufacturing base. Ghana imported manufactured goods from abroad and the government relied heavily upon duties levied on external trade for revenue.
This imbalance meant that there was little or no funding for infrastructure improvements or manufacturing industry development. The government has therefore been trying to improve its position from that era and is now actively seeking foreign investment to help it improve its situation. This was one of Ghana Gold’s key factors in our decision to focus on Ghana for our mining operation.
Government
Ghana is the oldest democratic independent state in Africa, which celebrated its 50 year anniversary in 2007. With a constitutional multi-party democracy, free and fair elections are held every four years. Freedom of speech, a fully independent media, religious freedom and mutual respect and tolerance of differing religions make Ghana a safe prospect for investors.
Another factor making Ghana attractive to foreign investment is bank de-regulation. The Central Bank introduced a floating exchange system allowing foreign investors to hold foreign exchange with any bank they choose. This allows investors to more easily extract profits from the country. The Ghana Investment Promotion Centre strives to assure foreign investors that profit may be repatriated, that property will not be reclaimed and that foreign exchange may be freely moved. In recent years, the government has made concerted efforts and has allocated significant resources to upgrading the nation’s infrastructure.
The Judicial legal system is based on British common law, customary (traditional) law, and the constitution. Court hierarchy consists of Supreme Court of Ghana, Courts of Appeal, and High Courts of Justice. Below this structure are the Circuit, Magisterial, and Traditional Courts.
Having lived and worked in Ghana for over four years, the management of Ghana Gold Corporation has excellent contacts and relationships within Ghana at all levels.
Mineral Reserves
Ghana’s stable and established democratic system has attracted most of the world's major gold producers including AngloGold Ashanti, Newmont, Golden Star and Goldfields. Ghana is rich in minerals; the major ones currently being mined are gold, manganese, bauxite and diamonds.
Unlike most of the world, government policy strives to streamline procedures and “red tape” that normally discourage investment. Knowledge of mineral reserves is constantly increasing - under the Mining Sector Support Programme (MSSP) being implemented with European Union financial and technical assistance, around one-third of the surface area of Ghana is being covered with airborne geophysical surveys, whilst detailed geological field-mapping continues at the nation’s major mining areas. Ghana has in the past decade discovered oil off its coast in the Western Region. Named the Jubilee Oilfields, crude production has been underway for the past two years.
GGCO Financial Reporting/Disclosure & Security Details
OTC Pink™ Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
GGCO follows under these guidelines on the OTC Pink current information market tier.
Investigate more @ http://www.otcmarkets.com/stock/GGCO/quote for more due diligence.
Ghana Gold’s Corporation projects range from alluvial production to exploration of hard rock concessions. Current production has commenced with alluvial (surface mining) while the team prepares to conduct testing for hard rock deposits within existing properties.
The Corporation is also constantly reviewing new gold projects to further expand its mining options and bring added value to shareholders.Ghana Gold’s current portfolios of properties provide the company both lucrative immediate gold positions while also providing for future growth requirements.
In addition to its producing site in Western Region, management has secured alluvial and hard rock sites on the world-famous and proven Ashanti Gold Belt.
The Jukwa and Grumesa sites serve as a significant springboard for Ghana Gold’s leap into the big leagues of hard rock producers in 2013
Ghana Gold Corporation has focused its exploration and acquisitions on the well-mineralized Ashanti Gold Belt. The Ashanti has long been hailed as one of the world’s major sources of gold. Most of Ghana’s past production of over 120 million ounces derived from the Ashanti belt. The Ashanti, is home to several of the world’s major producers, including Anglo Gold Ashanti in Obuasi; where reports indicate an average production of 1,100 kilo per month. Still even with a prolific past history of gold production, there is an estimated 2 billion ounces of un-mined gold within Ghana. Ghana Gold Corporation will continue to utilize its’ hybrid plan of exploration and production by immediately commencing alluvial production while simultaneously undertaking the more time consuming process of hard rock reserve testing and evaluation.
GHANA
Ghana is home to many of the largest and most successful gold mines in history. It is widely believed that Ghana still contains much of the world’s untapped gold reserves.
Reports suggest that Ghana is #10 in the world with the most Gold reserve deposits exceeding 1 million ounces. Essential in unlocking the untapped minerals in the country is the proactive efforts of Ghana’s leaders. The government of Ghana is committed to development of the country and has a proven record of encouraging investment through private sector development. Through several of its Ministries, including Ghana’s Investment Promotion Center (GIPC), Ghana actively promotes entrepreneurship and believes in creating a competitive climate for local and foreign investment. We believe that, at this moment in history, Ghana provides an opportunity for long-term company growth for those who have the vision.
History
In pre-colonial times, present-day Ghana was one source of the gold that reached Europe via trans-Saharan trade routes.
The area has produced and exported gold for centuries, in fact its’ name in colonial times was “The Gold Coast”. During its time under British rule Ghana suffered significant under-development in its infrastructure as the emphasis at the time was on short-term profit from trade. After independence in 1957 the country was left with only limited trade in several commodities and relatively no manufacturing base. Ghana imported manufactured goods from abroad and the government relied heavily upon duties levied on external trade for revenue.
This imbalance meant that there was little or no funding for infrastructure improvements or manufacturing industry development. The government has therefore been trying to improve its position from that era and is now actively seeking foreign investment to help it improve its situation. This was one of Ghana Gold’s key factors in our decision to focus on Ghana for our mining operation.
Government
Ghana is the oldest democratic independent state in Africa, which celebrated its 50 year anniversary in 2007. With a constitutional multi-party democracy, free and fair elections are held every four years. Freedom of speech, a fully independent media, religious freedom and mutual respect and tolerance of differing religions make Ghana a safe prospect for investors.
Another factor making Ghana attractive to foreign investment is bank de-regulation. The Central Bank introduced a floating exchange system allowing foreign investors to hold foreign exchange with any bank they choose. This allows investors to more easily extract profits from the country. The Ghana Investment Promotion Centre strives to assure foreign investors that profit may be repatriated, that property will not be reclaimed and that foreign exchange may be freely moved. In recent years, the government has made concerted efforts and has allocated significant resources to upgrading the nation’s infrastructure.
The Judicial legal system is based on British common law, customary (traditional) law, and the constitution. Court hierarchy consists of Supreme Court of Ghana, Courts of Appeal, and High Courts of Justice. Below this structure are the Circuit, Magisterial, and Traditional Courts.
Having lived and worked in Ghana for over four years, the management of Ghana Gold Corporation has excellent contacts and relationships within Ghana at all levels.
Mineral Reserves
Ghana’s stable and established democratic system has attracted most of the world's major gold producers including AngloGold Ashanti, Newmont, Golden Star and Goldfields. Ghana is rich in minerals; the major ones currently being mined are gold, manganese, bauxite and diamonds.
Unlike most of the world, government policy strives to streamline procedures and “red tape” that normally discourage investment. Knowledge of mineral reserves is constantly increasing - under the Mining Sector Support Programme (MSSP) being implemented with European Union financial and technical assistance, around one-third of the surface area of Ghana is being covered with airborne geophysical surveys, whilst detailed geological field-mapping continues at the nation’s major mining areas. Ghana has in the past decade discovered oil off its coast in the Western Region. Named the Jubilee Oilfields, crude production has been underway for the past two years.
GGCO Financial Reporting/Disclosure & Security Details
OTC Pink™ Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
GGCO follows under these guidelines on the OTC Pink current information market tier.
Investigate more @ http://www.otcmarkets.com/stock/GGCO/quote for more due diligence.
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