SRK Consulting Begins Work on Mineral Resource Estimate for Segele Gold Target

Following the recent exciting gold assay results, Akobo Minerals AB is pleased to announce that SRK Consulting (Australasia) Pty Ltd has begun their work on the maiden mineral resource estimate for the Segele gold target. SRK is a world leading specialist within exploration and mining consultancy and has experience from working on over 20,000 projects […]

New bonanza grade intersections from diamond drilling at Segele

Akobo Minerals is pleased to announce that they have received new assay results back from the ALS Ireland laboratory regarding the Segele gold target. Many high grade assays have been returned, including new significant intersections of 131g/t over 2.5m and 17g/t over 13m (see Table 1). These results complement previous bonanza and high grade assay […]

Gold intersected at the deepest point yet at the Segele gold target

The Segele gold target was first discovered by Akobo Minerals geologists and previous assays from diamond-drilling have demonstrated high- and bonanza-grade results within a narrow (approx. 20m wide) gold zone. The gold is predominantly present as large grains easily visible to the naked eye (coarse-gold type mineralization).  See company presentation for more details (21st January […]

Company presentation for the NOTC registration

Akobo Minerals to be registered on the Euronext NOTC list with ticker code “AKOBO”

As previously communicated, the Akobo Minerals AB (publ) (“Akobo Minerals” or the “Company”) has worked to facilitate trading in the Company’s shares at the Euronext NOTC list. The Company is pleased to announce that this will be in effect from Thursday 28 January 2021. Akobo Minerals will be registered on the Euronext NOTC-list with ticker […]

Akobo Minerals has successfully raised 20mSEK securing funding for current work program

Akobo Minerals has successfully raised 20mSEK in new equity from both existing and new shareholders. The share issue was significantly oversubscribed and upsized from the initial target of raising 10mSEK.   “We are grateful for the continued support from existing shareholders, and welcome new shareholders on board. We look forward to an exciting 2021 that will establish our highly anticipated first maiden resource estimate.”, says Jørgen Evjen, CEO of Akobo Minerals.  The newly raised capital will be used to fund the current […]

Akobo Minerals names dr. Matt Jackson as Chief Operating Officer

Akobo Minerals today announced that Dr. Matt Jackson will join the company as Chief Operating Officer on the 1st of December. Matt was most recently a Director for Mining and Exploration with BluestoneGeo, where he worked on discovery and review of investment opportunities and liaison with partners in Europe and Asia. Matt was also responsible […]

New investment guide to Ethiopian mining

The Ethiopian Ministry of Mining and Petroleum has released a very informative investment guide for those interested in learning more. The guide is designed to provide a clear picture of Ethiopia’s mineral resources, their geology, and the nature of the opportunity for each commodity. It sets out clearly the legal and regulatory framework for Ethiopian […]

Akobo Minerals featured in has written an interesting and informative article about Akobo Minerals (in Norwegian).

Akobo Minerals resumes core drilling in Segele to follow up recent high-grade results

Akobo Minerals, a Norway-based gold exploration company with operations inEthiopia, has resumed drilling after 3 months of stop in activity due to the COVID-19 situation. Our crew has again been mobilized for the resumption of drilling in Segele, and the first hole has alreadybeen drilled. Visible gold is occurring through 3.5m in the core, continuing […]

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