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The Akobo Gold Project in southwestern Ethiopia has been actively explored by Akobo Minerals AB since 2010.
In early 2021, Akobo completed a diamond drilling campaign over the Segele Gold Deposit and then engaged SRK to complete a maiden 3D geological model and Mineral Resource estimate.
Akobo subsequently completed an additional 59 diamond drill holes over the deposit, infilling the previously identified Mineral Resource extents and targeting deeper mineralisation extensions. Akobo then re-engaged SRK in March 2022 to complete an updated 3D geological model and Mineral Resource estimate for the deposit.