Sewum Gold Project
The project boasts a significant gold inventory, with an inferred resource of 355,000 ounces.
The Sewum project is strategically located in an emerging gold mining district, neighboring major projects and deposits within the southwest end of the Sefwi belt, which is second only to the Ashanti belt in terms of gold endowment.
Current Development and Exploration Strategy
Breakthrough Resources Ltd. is advancing exploration and development efforts at the Sewum Gold Project, a high-potential asset located in Ghana’s Western North Region, specifically the Aowin District. Our immediate focus is on expanding the defined mineral resource at the historic Sewum underground mine, while simultaneously exploring new high-priority targets. Key elements of our current strategy include:
Underground Development
Progressing with shaft sinking and lateral expansion at the Sewum mine to unlock further high-grade gold resources with minimal capital investment. This development leverages the existing infrastructure of the historic underground mine
Exploration
Targeting areas with significant exploration potential, especially the West Block. This region has shown promise through auger anomalies and surface geochemistry, and we are advancing these prospects with drill programs aimed at expanding and upgrading resources
Resource Upgrading
Launching an extensive drilling campaign to upgrade the underground resource over the next two years. With an estimated budget of US$ 4.5 million, this phase will include drilling, geotechnical studies, and orebody characterization, ultimately leading to an updated Mineral Resource Estimate (MRE) in H1 2025
Feasibility Study (FS)
Following the updated MRE, we will begin a Feasibility Study (FS) to assess the long-term viability of the project. The FS, anticipated to be completed in H2 2025, will provide essential insights into the project's future potential
Additional Drilling
Expanding our drilling efforts into other high-priority zones, particularly the Oteng Block, which shows promise for resource expansion. This area will be a key focus for ongoing exploration and resource growth
Funding and Financial Strategy
Securing continued funding to maintain project momentum and progress through the Pre-Feasibility Study (PFS) and beyond. We are committed to pursuing funding opportunities that will support Sewum’s growth and its potential as a scalable, high-margin gold production asset