Blackjack Metals Private Limited
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Western Precious Metals is a private mineral exploration company incorporated in Dunkwa-On-Offin Central Region of Ghana. The Company was formed in order to conduct gold mining operations in Ghana, West Africa. Nsuem current focus is on its Central Region (the 'Project'), which contains both alluvial and hard rock gold deposits. The Project is located within the Western Belt, one of the largest gold belts of West Africa, which is host to over 31 million ounces of gold and (11.6 million ounces of gold reserves).
Ghana is among the fastest growing gold producing region in the world with a long history of gold production and is Africa's second largest producer of gold. Ghana has a stable, established, democratic system and the country's pro-mining attitude and continuing efforts to improve mining regulation laws encourage further foreign investments. Western Mining Limited is a Small Scale Mining Leases for each of the concessions that make up all required mining permits are in place for the Company to proceed with the development of the Project.
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Gold mineralization on the Project is present in 26 pneumatic holes that have penetrated the auriferous mineralization layer on the Project's concession. Highlights included a group of nine samples that showed gold values ranging from 7.03 g/tonne gold to 20.08 g/tonne gold with an additional 19 samples returning more than 1.0 g/tonne gold. Gold mineralization was also present in reverse circulation drill holes that penetrated to a depth of 120 metres. Assay results from the drilling defined a significant gold system on the Project's concession. Anomalous gold mineralization was found to be present in 27 of 30 reverse circulation drills holes with one or more interval returning greater than 0.10 ppm gold. Based on drill results and the proximity to known gold deposits,
Western Mining Limited believes has excellent potential to host a high-grade, bulk tonnage gold deposit containing more than 300,000 ounces of gold. The Company has recently acquired some fifteen (15) large scale concessions, including an 81.42 square kilometres large scale concession at Dunkwa-On-Offin Central. The company management intends to leverage this Ahafo based large scale concession within the near term in order to move into large scale mining operations. With these additional concessions Management believes the Company has the potential to produce a minimum of 500,000 ounces of gold annually from its Ahafo Project and the additional concessions.
- The blast furnace complex comprise of 1 x 320 m3 mini blast furnaces along with its auxiliaries to produce 0.39 MTPA hot metal/Pig iron. DRI PLANT The direct reduction iron plant is of conventional Rotary Kiln technology. DRI kiln is installed to produce 0.78 MTPA sponge iron.
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