Business
Consistent Gold Grades from Drilling at Akoko
Hamak Strategy Limited has announced encouraging assay results from its Akoko oxide gold project in Ghana, with new findings including 1.87g/t Au over 13.0m, and 3.64 g/t Au over 4.0m, supporting the geological model of wide, near-surface gold mineralization. The ongoing 4,125m reverse circulation drill programme has completed 23 holes for 1,487 metres, with further results expected as the campaign continues. These consistent intersections are anticipated to bolster confidence for an independent mineral resource estimate and preliminary economic assessment planned for the end of the drilling programme. Disclaimer*
About this update from Hamak Strategy Limited
[{"type":"text","content":"\n\n\n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \n19 May 2026\n \nHamak Strategy Limited\n(\"Hamak\" or the \"Company\")\n \n Consistent Gold Grades from Drilling at Akoko Project in Ghana\n \nHamak Strategy Limited (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in West Africa with a Digital Asset Treasury Management strategy, announces that it has received further encouraging assay results from the ongoing 4,125m reverse circulation (\"RC\") drill programme at the Akoko oxide gold project in southwest Ghana.\n \nHighlights\n· Results from a further 11 RC drill holes at Akoko gold project in southwest Ghana\n· New results include 1.87g/t Au over 13.0m, including 3.64 g/t Au over 4.0m\n· Results support geological model of wide, near surface gold mineralised horizons\n· Drilling programme continuing with further results to be announced when received\n \nCEO and Executive Director Karl Smithson commented:\n\"I am delighted to report on further very encouraging gold assays from our on-going RC drill programme at the Akoko project in southwestern Ghana. The results continue to validate our geological model, as interpreted from historical drill programmes, with wide, near surface oxide gold mineralization being intersected. The consistency of intersections will assist in the confidence of the independent and industry standard mineral resource estimate and preliminary economic assessment that we plan to commission towards the end of the current drilling programme. I look forward to providing further updates from our drilling at Akoko in due course\".\n \nRC Drilling\nFollowing the Company's recent announcement on the drilling programme at Akoko, a total of 23 holes for 1,487 metres have been drilled to date focussed on the previously defined gold mineralized area of the Akoko north area. The objective of the drilling programme includes testing potential ...