The concession contains the Bilpraw mine, which is located at a mineralized contact between sediments and a large intrusion.
Keegan said the property had minor exploration done in the 1980’s by Mutual Ghana & Leo Shield Exploration Ghana.
The company’s flagship Esaase deposit also occurs within the Asankrangwa gold belt.
Keegan president and CEO Maurice Tagami said the acquisition of this concession fits the company’s goal of pursuing additional nearby ounces by expanding its property position to continue exploration of the Asankrangwa belt while simultaneously pushing ahead with feasibility and permitting programs at the Esaase project.
