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GoldCoast Resource Corp.
AuUSD —,———.———.——%CSE:GCR
Our Focus

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

The Thesis

One of the Last Unexplored Gold Frontiers – in the World!

Ghana Gold Belts — major gold-bearing belts and river systems draining onto the continental shelf

Only Place on Earth

Ghana — formerly known as the “Gold Coast” during British colonial rule — is the only place on Earth where such a rich concentration of gold mineralization is found so close to the coast.

Three Rivers, World-Class Gold Districts

Importantly, this extensive gold endowment is mostly contained within 3 major river systems (the Tano, Ankobra & Pra) and their tributaries — that cut, band and drain these world class gold districts.

400 – 600 Vertical Meters of Gold-Bearing Alluvial Debris

Over vast millennial periods that preceded the Last Glacial Maximum (LGM) and the subsequent transition into the warming Holocene epoch, profound climatic and geological changes reshaped the West African coastline. During this time, global sea levels rose by more than 100 meters, Ghana’s coastline migrated approximately 30–50 kilometres inland to its present-day position, and high-energy river systems eroded enormous volumes of alluvial material — estimated at 400–600 vertical meters in places — transporting and depositing substantial quantities of accessory gold onto Ghana’s shallow continental shelf.

~200 Million Oz Estimated Eroded Inventory

GoldCoast Resource Corp. asserts that Ghana’s shallow continental shelf represents
— one of the last Unexplored Gold Frontiers — in the World!

“The amount of gold that has been weathered away from the (SW) Ghana gold districts & carried to the Ocean by major rivers would suggest eroded inventory is likely in the order of ~200 million oz.”
Dr. R. J. Griffis, Ph.D.
Dr. R. J. Griffis’ Theory

Steeped in Logic & Science

Dr. Robert (Bob) J. Griffis, Ph.D. — GoldCoast Resource Corp. Founder & Sr. VP Exploration

Dr. Robert (Bob) J. Griffis, Ph.D.

Founder & Sr. VP Exploration

40 Year Resident of Ghana

Commissioned by the Minerals Commission of Ghana

Dr. Robert (Bob) J. Griffis, GoldCoast Resource Corp. Founder and Senior Vice President of Exploration, was commissioned by the Minerals Commission of Ghana in 1997 to undertake a comprehensive, systematic study of Ghana’s Gold Industry.

A 5-Year, 430-Page Authoritative Study

This study evolved over a period of 5 years, culminating in the publication of the highly regarded (438-page) textbook, entitled, “The Gold Deposits of Ghana.” (circa 2002)
View “The Gold Deposits of Ghana” →

Mandatory Reading Across the Industry

This authoritative body of work has gained considerable attention within the Mining Industry and is considered mandatory reading for those professionals working within the West Africa region, and beyond.

The Foundation of GoldCoast Resource Corp.

Over and above publishing a landmark textbook, Dr. Griffis’s deep dive into Ghana’s gold sector led to a theory with potentially far-reaching implications – that Ghana’s shallow continental shelf hosts significant untapped gold potential and may represent one of the world’s last unexplored gold frontiers.

GoldCoast Resource Corp. was founded with a singular purpose
— to pursue Dr. Griffis’ theory and validate its immense potential!

GoldCoast Maritime Concessions

10 Contiguous Offshore Reconnaissance Licenses

10

Contiguous Licenses

~10,000km²

Licensed Area

~300km

Coastline Coverage

53%

Of Ghana's Total Coastline

Map of Ghana's gold belts and major rivers with GoldCoast's 10,000 km² offshore license area outlined on the continental shelf

Ghana's onshore gold belts and major river drainages feeding GoldCoast's 10,000 km² offshore license area

Strategic Offshore Exploration

Systematic Exploration
Charting Course to Resource Confirmation

Designed to progressively
de-risk the asset and build toward initiating production.

Utilizing Time Tested Proven Technologies That Have Evolved Over Centuries

Phase IAirborne Survey

High-resolution aeromagnetic survey over the full 10,000 km² license area. Aircraft outfitted with high-sensitivity magnetometers flies systematic grid patterns at 50m altitude to detect magnetic anomalies associated with heavy mineral concentrations — gold pathfinders.

GoldCoast survey aircraft on the tarmac in Ghana with field team preparing for an airborne geophysical mission

Phase IISeaborne Survey & Seafloor Mapping

Vessel-based multibeam sonar, echo sounders, sub-bottom seismic profiling, and GPS positioning to map the seafloor across the License area to generate a 3D bathymetric model of the seafloor. Identifies paleo-river channels, re-worked beach sand formations, and sediment trap geometries.

Schematic of a survey vessel deploying multibeam sonar, towed magnetometer and sub-bottom profilers across the seafloor

Phase IIISampling & Analysis

Systematic piston coring and grab sampling to recover stratified sediments from identified anomalies. Samples analyzed for heavy mineral concentrations including gold, ilmenite, and zircon. Results cataloged in a GPS-referenced GIS relational database for resource modeling.

Crew deploying sediment sampling equipment from research vessel

Phase IVBulk Sampling

Initiate near-shore shallow contract dredging operations. Target throughput of approximately 7.2 million m³ per year. Migrate from pilot testing to commercial production while continuing exploration across the license area.

Offshore dredging platform with processing equipment operating at sea

Phase I — In Detail

Satellite view of southwestern Ghana's coastline with the 10,000 km² aeromagnetic survey grid overlaid in blocks A through J — green areas mark line kilometers flown and completed

Progress as of May 29, 2026

24,174

Total line kilometers acquired to date

1,430

Line kilometers collected today

60.39%

Coverage of entire AOI

72.38%

Coverage of Block 1

54.74%

Coverage of Block 2

37

Total sorties flown

Airborne

High-Resolution Aeromagnetic Survey

Paleo-Channel & Paleo-Beach Sands Targets — Geology Only

The Earth’s Main Field (IGRF Correction)

A massive background field modeled and completely removed.

Total Magnetic Intensity (TMI) & Total Horizontal Gradient (THG)

All plane movements, solar shifts, and altitude errors are mathematically stripped away and all data leveled.

Reduced to Pole (RTP)

Recalculates data as if recorded at the North Pole, shifting magnetic bodies directly over the actual physical locations.

Placer Gold Targeting

Utilizes a final dataset to apply filters, derivatives, integration and interpretation of placer gold geometry traps.

Phase II — In Detail

Survey vessel deploying multibeam sonar across the seafloor with bathymetric data visualization below the waterline

Seaborne

Seismic, Bathymetry & Magnetometry Surveys

Survey Scope

Simultaneously deploy multibeam sonar, seismic echo sounders, and GPS positioning to map the seafloor across the License area at high resolution.

Objective

Generate a 3D bathymetric model of the seafloor within Areas of Interest — identify and map paleo-river channels and re-worked beach sand formations, sediment traps, and geological structures.

Seismic Survey Methodology

Seismic survey provides geological information on the various layers to define paleo gravels for up to 50 meters below ocean floor.

Bathymetric Methodology

Vessel-based survey using multibeam echo sounders and motion sensors. Data collected includes depth, slope, sediment morphology, wave/tidal interactions.

Magnetometry Integration

Conducted concurrently with bathymetry using marine magnetometer towed arrays. Designed to delineate high-res magnetic anomalies (initially detected by Airborne Mag Survey) indicative of heavy mineral presence — Gold Pathfinder.

Geological map of southern Ghana showing the Sefwi, Asankragwa, Ashanti and Winneba-Dadia gold belts cut by the ancestral Tano, Ankobra, and Pra river systems that drain heavy minerals onto the continental shelf of the Gulf of Guinea

Priority Seaborne Targets

Mapping Paleo River Channels for Placer Gold

Last Glacial Max

~20,000 years ago; sea levels were ~100m lower; Ghana’s emerged coastline 30 – 50 km further out to sea.

400 – 600 Vertical Meters

of oxidized, gold-bearing bedrock in SW Ghana has been eroded and carried to the ocean, much of this during the Last Glacial Maximum and particularly during the transition into the warming Holocene epoch.

Low Sea Levels

result in eroded gold bedload concentrated in emerged ancient paleo river channels and beach sands.

Rising Seas

in the Holocene (~11,500 years ago) flooded ancient channels, rapidly burying gold-rich sediments.

High-Energy Rivers

reworked and concentrated gold into submerged channels and “trap geometries” — low points and depressions — forming shelf deposits and re-worked beach sands redistributed by strong longshore currents.

High-Priority Targets

offshore zones where multiple world-class gold belts are cut and drained by 3 major river systems — and tributaries — that flow onto the ocean’s shallow continental shelf.

Sub-bottom profiler seismic cross-section showing sand layers, paleo channel features and the R1, R2, R3 reflector horizons identified across multiple vibracore sample locations beneath the seafloor

Sub-Surface Imaging

Shallow Seismic Sparker & Sub-Bottom Profiler

The system transmits sound waves toward the seafloor from both sides of the towfish, then records intensity of the reflected signal.

As the vessel moves along a trackline, an acoustic “picture” of a swath of seafloor is generated.

Hard areas such as rock produce stronger reflections, while softer material such as smooth sand or silt will generate weaker reflections.

Vibro core drill rig suspended above the ocean off the deck of a survey vessel, ready to collect continuous sediment samples from the seafloor

Sediment Sampling

Vibro Core Sampling Equipment

Vibro Core Drill

Specialized, high-frequency, low-amplitude vibrating drill. Used to collect undisturbed, continuous samples of unconsolidated offshore sediments.

Core Barrel

A thin-walled tube, often aluminum or stainless steel, that houses a clear PVC or plastic liner to hold the sediment sample.

Strong Industry Precedents

Shallow Water 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.

Debmarine MV Benguela Gem diamond recovery vessel
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.

PT Timah offshore tin dredging platform
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.

Crown Estate marine aggregate dredging vessel
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.