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Optec Limited has conducted a comprehensive assessment of the concession and an artisanal active mine pit within its concession, strategically located in Ghana’s renowned Asanko Gold Belt. Secured under an 11-year mining license, the concession offers long-term stability for exploration and extraction activities. The study aimed to evaluate gold grades, validate mineralization patterns, and analyze the structural and geochemical factors influencing gold distribution. Additionally, the assessment reviewed the efficiency of artisanal and small-scale mining (ASM) methods, identifying opportunities for improved gold extraction. Positioned near the world-class Amanasie deposit, this concession presents a significant opportunity for large-scale gold production while supporting sustainable mining practices.

Field studies and fire assay results confirm that quartz veining holds the highest gold potential, with a maximum grade of 9.9 ppm and an average of 3.21 ppm, making it the most promising target for gold recovery. Waste dumps also exhibit strong secondary recovery potential, while loose sediments and stockpiles show lower economic viability. 

Beyond gold, XRF analysis has revealed significant concentrations of rare earth elements (REEs), including Cerium (Ce), Lanthanum (La), Neodymium (Nd), and Praseodymium (Pr), which are essential for high-tech industries and renewable energy applications. Strong correlations between these elements and host rock alteration suggest further exploration potential. With enhanced gold processing technologies and a focus on REE extraction, Optec Limited is well-positioned to unlock the full value of its mineral-rich concession, contributing to both Ghana’s mining sector and the global demand for critical minerals.

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