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Keegan Resources Inc (KGN)
Keegan Resources Inc. is a well-financed junior gold company run by a proven successful management team, with two premier gold assets in Ghana, West Africa. In 2007, Keegan announced a 1.67 million ounces (43-101 compliant) gold deposit at its Esaase property a mere year after the initial discovery hole. In 2008, drilling continues to rapidly expand the deposit while development studies are underway that will enable the project to be brought quickly to production stage. Meanwhile, surface exploration continues to successfully turn up additional targets. Keegan's second project, the Asumura gold property, is located along one of Ghana's premier greenstone belt bounding structures, which contains over 19 M oz of reserve and resource; several drill targets are currently being developed.
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