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Airborne Magnetic Survey Generates 22 Priority Gold Exploration Targets

$GCRFFPress releaseOct 27, 2026, 5:15 PM ETRead the release

GoldCoast completed the interpretation of a high-resolution airborne magnetic survey covering its entire 10,000 km² offshore licence area in Ghana, identifying 22 priority gold exploration targets. The targets are tied to paleo-river channels, drowned shorelines and structural traps, and the interpretation defines two source-to-sink placer systems (Tano-Ankobra and Pra/eastern rivers) with all four elements of a placer gold deposit. Targets are conceptual at current 400-meter line spacing; a denser 50-meter infill survey over 500 km² at the Ankobra River mouth has been flown, with results due in Q4 2026, followed by a Phase II marine geophysics and vibracore sampling program.

Key figures

Line km flown
60000
Infill area km2
500
Licence area km2
10000
Priority targets
22
Infill line spacing m
50
Regional line spacing m
400

AI analysis

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    GCRFF: Airborne Magnetic Survey Generates 22 Priority Gold Exploration Targets — AI Analysis | Signal8