Business
Guskin Gold Corp. (OTCQB:GKIN) Announces Opening of the Tepa Gold Mine
Guskin Gold Corp. (OTCQB:GKIN) Announces Opening of the Tepa Gold Mine.
About this update from Guskin Gold Corp.
[{"type":"text","content":"SAN JOSE, CA / ACCESSWIRE / July 14, 2022 / Guskin Gold Corp. (OTCQB:GKIN) ("Guskin Gold ‘‘or the "Company,"), is proud to announce the opening and operations of the Company's Tepa Gold Mine in Ghana, Africa.Figure 1. Two excavators and twin sluice begin commercial production of alluvial gold at Tepa Gold Mine.The Tepa Gold Mine is located along the eastern-edge of the highly renowned Sefwi-Bibiani Gold Belt. Guskin Gold Ghana, a 100% wholly-owned subsidiary of Guskin Gold Corp. (OTCQB:GKIN), are the exclusive operators for the exploration, development, exploitation, production, and operations of the alluvial gold mine with a 70% interest in the concession. (1)Mr. Peter Tomety, Guskin Gold's Mine Manager, states, "We are pleased to report the commencement of gold production at Tepa. Operations have begun and are in line with our initial expectations. We anticipate operations will continue to scale, and expect to mine at a higher rate, deliver more ounces, and establish ourselves as a reliable low-cost producer."The geologic nature of the Tepa deposit includes both alluvial and eluvial gold deposits. The gold is of fine to medium grain with few flowery and floating types. The distribution of the gold is found in the overlying silty sand as well as the underlying gravel horizons. The overlying silty sands are all part of the payload to be washed and can be processed for gold. (1)Mrs. Naana Asante, Guskin Gold's CEO, Director and Chairwoman, states, "We are very pleased to announce the opening of our first gold mine - on time and on budget. A milestone event for our supportive community partners and our valued shareholders. We will continue to keep everyone informed as develop, improve, and expand operation."As a reminder, on July 1, 2022, we announced to investors that we have become aware of certain promotional activities by parties not associated with the Company. We caution potential investors not to rely on these promotional and speculative statements and claims, touting future performance, anticipated trajectories of our stock price, or urging investors to act immediately. We advise that all potential investors should only rely on information provided directly by the Company, which manages internally all investor relations, marketing, and corporate communications, and can be foun...