Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 20, 2011) – Abzu Gold Ltd. (TSX VENTURE:ABS)(OTCQX:ABZUF) (“Abzu”) is pleased to announce the discovery of a new mineralized zone on its 100% owned Asafo concession located along the eastern margin of the Kibi Belt, Ghana (Figure 1). The new discovery is centered on drill hole ASDD08 which returned 4.72 g/t gold over 20.00 metres at a vertical depth of only 28 metres (Table 1).