Wa: Castle Minerals begins drilling at Kpali and Kandia gold prospects  

Castle Minerals Limited has announced the commencement of a 1,500-metre, 12-hole reverse circulation (RC) drilling campaign at its Kpali and Kandia gold prospects within the Wa Gold Project in Ghana’s Upper West Region. 

In a statement Castle Minerals said the initiative is part of its ambitious plan to delineate an initial resource of one million ounces of gold across a cluster of high-grade prospects.

The drilling programme, which began in December, is expected to extend the mineralised zones at the two prospects. Eight holes totalling 900 metres will target the Kpali prospect, while four holes covering 600 metres will focus on the Kandia prospect. The results of this campaign are anticipated to be reported in early February 2025.  

Castle Minerals’ Executive Chairman, Stephen Stone, expressed optimism about the prospects of the Wa Gold Project, citing its strategic location within the fertile Bole-Bolgatanga Birimian greenstone belt, which has hosted several multi-million-ounce gold discoveries. “It’s all systems go to squeeze in before year-end a 1,500-metre, 12-hole RC drilling campaign to extend high-grade mineralised zones at Castle’s Kpali and Kandia gold prospects,” Mr Stone said.  

The Upper West Region has emerged as a promising hub for gold exploration in West Africa. The newly commissioned 5.1-million-ounce Namdini gold project lies to the northeast of Kandia, while the 2.8-million-ounce Julie deposit of the Black Volta Gold Project is immediately along the Kandia mineralised trend.  

Mr Stone highlighted the broader potential of the region, stating, “West Africa is one of the world’s premier regions to be exploring for gold, delivering an enviable fifteen discoveries of over two million ounces each since 2012. The Upper West Region in Ghana is now considered one of the best areas to find more of these.”  

Castle’s work in Ghana has not gone unnoticed. The company was recently awarded the "Best Performer in Exploration (Junior Category)" by the Ghana Chamber of Mines in recognition of its sustained commitment to exploration in the country.  

The Kpali and Kandia prospects form part of Castle’s 2,686 square-kilometre Wa Gold Project, which spans several licences in Ghana. The project is strategically located at the convergence of key greenstone belts and regional-scale structures associated with significant gold deposits.  

Castle Minerals continues to advance its portfolio in Ghana, including ongoing negotiations with the Ghana Minerals Income Investment Fund for a proposed US$2 million investment in Castle and its Kambale Graphite Project.  

As Castle forges ahead with its drilling programme, the company reinforces its commitment to contributing to Ghana’s vibrant mining sector while advancing its quest for new high-grade gold discoveries in the region.