9: Caracal Gold (LON:GCAT) - H.E. Ambassador Hon Dan Kazungu EGH - Full
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9: Caracal Gold (LON:GCAT) - H.E. Ambassador Hon Dan Kazungu EGH - Full
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Ambassador Kaungu has a fascinating history that has taken him on a Journey of enrichment for him and his local area in Kenya, where he grew up, schooled, and represented as a Minister of Parliament. Having then gone on to re-write an old bill, that was last published in the 1940s for the country's mining sector.
His latest journey has brought him to the Kilimapesa Mine operator, as a Non-executive Director, for Caracal Gold.
Caracal Gold plc is an emerging East African focused gold producer with a clear path to grow production and resources both organically and through strategic acquisitions. Its aim is to rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz within 12-18 months from its listing in August 2021. To this end, it is progressing a well-defined mine optimization strategy at its 100% owned Kilimapesa Gold Mine in Kenya, where there is significant mid-term expansion potential and the ability to increase gold production to 25,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 671,000oz). Additionally, its experienced team, with a proven track record in successfully developing and operating mining projects throughout Africa, is reviewing other complementary and strategically located gold mine and development projects in East Africa.
This podcast is presented as information by First Look Ventures, and should not be considered advice.