Hamak Gold Limited Reports Earnings Results for the Half Year Ended June 30, 2023

Hamak Gold Limited is a British Virgin Islands-based mining exploration and development company. The Company is focused on gold exploration of a portfolio of licenses in prospective areas of Liberia. The Company operating in Liberia, with two gold Mineral Exploration Licenses (MELs) that cover an area of about 1,116.2 square kilometers, Nimba and Gozohn. In addition, it has an option to acquire a further five MELs that cover an area of 3,213 square kilometers. The Nimba License (MEL7001518) covers an area of about 985.60 square kilometers and is located approximately 120 kilometers (km) to the north-east of the Gozohn License and some 25 km west of the three-million-ounce Ity Gold Mine in neighboring Cote D'Ivoire. The Gozohn License (MEL 7002318) covers an area of about 129.60 square kilometers and is located some 30 km to the south of the high-grade Kokoya Gold mine operated by MNG Gold. The License is host to a number of structurally controlled greenstone belts.