GoldCoast Resource Corp. reports completing an airborne magnetic survey over its entire 10,000 km² offshore licence area on Ghana's shallow continental shelf, with about 60,000 line kilometres flown between May 4 and August 22, 2026. The interpretation identified 22 significant magnetic anomalies, considered high-priority gold targets linked to paleo-river channels, paleo-shorelines and structurally controlled sediment traps. Two source-to-sink placer systems were defined: the Tano-Ankobra system in Block 1 and the Pra River and eastern river systems in Block 2, each containing all four elements needed for a placer gold deposit. A further infill survey over Target A, about 500 km² at the Ankobra River mouth, is being interpreted, with results due in Q4 2026. A Phase II marine program using multibeam bathymetry, side-scan sonar, sub-bottom profiling and vibracore sampling will test the priority targets.
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| Change that session | +1.07% |
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