Who we are
About Akobo Minerals AB
Akobo Minerals AB is a gold exploration company focusing on projects along the Akobo river in south western Ethiopia, a prolific area with extensive alluvial gold production. Akobo Minerals currently has ongoing exploration in the Akobo area through its wholly owned subsidiary Etno Mining Plc. Etno is a limited company established in 2009 by people with long experience from the public mining sector in Ethiopia and from the Norwegian oil service industry.
What we do
The Akobo project
The Akobo project is situated in a budding gold district in Southwestern Ethiopia, where alluvial mining with hand methods is widespread. Our area is a part of the lowland of the Akobo Basin, an area dominated by flat to hilly grass-covered savannah terrain. Our subsidiary Etno Mining Plc holds an exploration license over key targets in the area. To date placer production and exploration have outlined alluvial gold resources, and our team of geologists have worked extensively over the last 8 years to identify several potential primary gold targets.
Our gold prospects
Alluvial gold production along the Gassena tributary.
Our team has recently completed an alluvial sampling program to advance our production plans for alluvial gold production along the Gassena tributary in the eastern end of our licence area.
The Segele gold prospect
Here local miners, so called Koffaris, have extracted over 600kg of gold using only hand methods. We have mapped and sampled the surface outcrops and intend to start drilling for high grade underground gold mineralisation.
The Joru gold prospect
At Joru the gold occurs in quartz veins hosted by a large body of grano-diorite, the local Koffaris are hand mining the quartz veins close to surface, but our target here is the material the Koffaris can’t process, a larger deposit with lower grades.