The Homase Mine was discovered in 1998 by Shea Gold Limited and acquired by AngloGold Ashanti Corporation in 2000. It was brought into production in 2002/2003. The mine produced 52,500 ounce gold at 2.5 g/t. The mine was abandoned as the gold price fell to USD275/oz. GoldStone Resources invested in the property in 2010.
Located in the Ashanti Gold Belt along which the ore bodies of major mines are located
- 288km by road from Accra
- 35km south West of Kumasi
Annual rainfall averages 2,030mm
Neighbour Obuasi Mine with 70Moz – 7.8g/t Au Historic + Current Resource