GOLDCOAST
AU$5,412.30+1.24%
The Project

Targeting Gold-Bearing Aggregates on Ghana's Shallow Continental Shelf

The geological convergence of three gold-carrying rivers onto a shallow shelf — and the modern offshore technology to recover it.

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The Geology

A Story Written in Rock and Water

The gold didn't arrive on the continental shelf by accident. It followed a geological pathway that took millions of years to build.

Millions of Years of Erosion

Ghana sits atop one of the richest gold belts on Earth. Over geological time, 400 to 600 vertical meters of gold-bearing bedrock have been continuously eroded by weathering, tectonic activity, and relentless rainfall.

Three Rivers, One Destination

Three major rivers — the Pra, the Ankobra, and the Tano — have served as conveyor belts, carrying immense volumes of gold-rich sediment from the interior toward the coast. This is the only place on Earth where three gold-transporting river systems converge onto a single shallow shelf.

Deposited on the Continental Shelf

As these rivers reach the ocean, current velocities drop and heavy minerals settle out. Gold, being extremely dense, concentrates in the top 2 to 3 meters of seabed sediment across the shallow continental shelf — nature's own gravity separation.

~200M Oz Estimated Eroded Inventory

Based on the known dimensions of the eroded rock column and average gold grades of the Ashanti Belt, geologists estimate that approximately 200 million ounces of gold have been transported onto the shelf over time. This material is sitting in shallow water, accessible with proven dredging technology.

License Position

10 Contiguous Offshore Reconnaissance Licenses

Covering approximately 10,000 km² of Ghana's shallow continental shelf — roughly 300 km of coastline, or 53% of the nation's total.

10

Contiguous Licenses

~10,000km²

Licensed Area

~300km

Coastline Coverage

53%

Of Ghana's Total Coastline

Pra RiverAnkobra RiverTano RiverLICENSE AREA~10,000 km²

Stylized overview

Ghana's Gold Belt → Three Rivers → Continental Shelf License Area

Exploration Roadmap

Systematic Path to Resource Confirmation

A four-phase exploration program designed to progressively de-risk the asset and build toward a bankable resource estimate.

Phase 1Active

Airborne Magnetic Geophysical Survey

High-resolution aeromagnetic data collection to map subsurface geological structures and identify potential mineralization zones across the full license area.

Phase 2

Seaborne Survey

Comprehensive offshore data collection including bathymetric mapping, sub-bottom seismic profiling, and marine magnetometry to build a detailed 3D model of the seabed and underlying sediment layers.

Phase 3

GIS Composite Mapping

Integration of all geophysical datasets into a unified GIS platform, generating composite maps that identify high-priority target areas for sampling based on overlapping geological indicators.

Phase 4

Piston Coring & Grab Sampling

Physical sample collection from identified targets using piston core tubes and grab samplers to confirm the presence, grade, and distribution of gold within the seabed sediments.

Production Model

No Mine. No Chemicals. No Tailing Dams.

GoldCoast's production model is designed to be lean, clean, and fast. Contract dredging vessels recover gold-bearing sediment from the ocean floor and process it onboard using gravity separation — the same fundamental principle that concentrated the gold in the first place.

~24 mo

Targeted time to first production

01

Offshore Dredging with Contract Vessels

No need to build a mine. GoldCoast's model uses contract dredging vessels that are already in operation globally, reducing upfront capital requirements.

02

100% Gravity Recovery

Gold is separated using gravity alone. No blasting. No cyanide. No chemical reagents. No tailing dams. The environmental footprint is fundamentally different from conventional mining.

03

~24 Months to Production

Where traditional hard-rock gold mines take 10 to 15 years to reach production, GoldCoast's offshore model targets first production within approximately 24 months of resource confirmation.

04

Proven Offshore Technology

The dredging and gravity separation technologies are well established. What's new is applying them to gold recovery on Ghana's continental shelf.

Industry Precedents

Offshore Mineral Extraction Is Proven

GoldCoast is not inventing a new category. The technology and operating models for offshore mineral recovery have been established for decades.

Diamonds

Debmarine Namibia

20+ years of offshore recovery

A joint venture between De Beers and the Government of Namibia has been recovering diamonds from the seafloor off Namibia's coast for over two decades using advanced marine mining vessels. Debmarine accounts for a significant portion of Namibia's total diamond production.

Tin

PT Timah

100+ years of offshore dredging

Indonesia's state-owned tin mining company has operated offshore dredging operations in the Bangka-Belitung islands for over a century. PT Timah is one of the world's largest integrated tin miners, with a fleet of dredges and suction vessels operating in shallow waters.

Sand & Gravel

The Crown Estate (UK)

50+ years of marine extraction

The UK has maintained a mature offshore aggregate extraction industry for over half a century, with the Crown Estate licensing large areas of seabed. The industry supplies roughly 20% of England's sand and gravel needs from the marine environment.

Technical Report

Download the Technical Report

Get the full geological analysis, exploration program details, and production model in a single comprehensive document.

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