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Adamus has already started to market itself in Europe, and North America should be next
Thursday - December 17, 2009
Category: Investment
Adamus Resources Limited ("Adamus" or the "Company") is a Perth, Australia-based company, listed on both the Australian Stock Exchange and the Toronto Venture Exchange. The Companys main focus is the exploration and development of its 90%-owned Southern Ashanti Gold Project (SAPG) in Ghana, West Africa.
The development project at SAPG, named the Nzema Gold Operation, will be 80% owned by Adamus. Nzema will comprise open-pit mines, a processing facility, and associated infrastructure. The plan is to mine and process ore from defined resources on the concessions, including the Salman-Akango and Anwia-Bokazo deposits. Current estimates show the project should have a minimum life of 10 years and produce, on average, 100,000 oz of gold per year.
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