Another gold mining company is upping its operations here and is seeking employees.
Pharsalus Gold Inc, a wholly-owned subsidiary of Australia-based Azimuth Resources Limited, has been engaged in the exploration of gold and uranium here. It controls several properties in Guyana, including the West Omai Gold Project, the Hicks Prospect, the Kaburi Prospect and the Amakura Uranium Project.
On its website, Azimuth Resources says that it is focused on its portfolio of gold and uranium exploration projects in Guyana, which comprise over 8,000km2 of granted licences (East and West Omai Projects) prospective for gold and 4,000km2 (Amakura Project) prospective for uranium mineralization in the northwest of Guyana.
West Omai is Azimuth’s cornerstone project. The company says that this site astride a largely unexplored corridor which hosts the Omai Gold Mine. “The West Omai Project presents excellent potential for the discovery of significant gold resources, and contains several drill and near drill ready targets,” the company says.
“The management of Azimuth believes that high shareholder returns will be realized through an early focus on the aggressive, systematic and thorough exploration of the West Omai Project, building on the known existing near surface gold resource, while underpinning long term shareholder value by pursuing a measured and cost effective approach to the exploration of its large regional land holdings. Azimuth’s ultimate objective is to become a gold producer as soon as practical with the longer term goal to reach mid-tier gold and uranium producer status based on low cost, long life operations,” the company says.
In an ad in the newspapers yesterday, the company which described itself as a rapidly growing international gold exploration company, advertised several vacancies. Dominic O’Sullivan is the managing director.
