Next Step - Production
--- PHOTO -- Work underway at Obotan Gold Project: New Resolution Geophysics helicopter - surveying over the Nkran pit at our Obotan gold project. The helicopter instruments are measuring both the horizontal magnetic gradient and full spectrum radiometrics on a very detailed, mean 100 metre line spacing survey grid. These instruments will give detailed information on the underlying geology and alteration and structural trends. --- View the latest powerpoint --- View the latest fact sheet --- $7.5 Million Financing Closed; Macquarie Bank Limited 13.4% shareholder; Hartleys Limited appointed Lead Broker for application to co-list PMI in Australia and for Initial Public Offering - see news release below --- First Holes Reported From 28 Drill Hole Program, Obotan - see news release below --- Fundamental Research Issues Buy, see link below --- PMI Retires Bank Debt - see news release below --- PMI announces New Gold Zone Discovered at Kubi --- Click here...PMI One of "World's Hottest Gold Stocks" see 22 July MineWeb story --- ...Click here...Kubi Drill Campaign - Presidents Letter, 14 May 2009 --- New Kubi Concessions Granted --- Golder Associates delivers Positive Pre-Assessment Report on Kubi --- Geotech VTEM survey outlines new drill targets at Obotan --- Fundamental Research Initiates Coverage on PMI Gold --- Click here to contact Fundamental Research --- PMI announces 44.5 m grading 2.61 g/t GOLD at Nkran ... all drill holes now on Google Earth presentation...see link below ---
After 6 years of land acquisition and exploration in Ghana, Africa's #2 gold producer, we are now focused on bringing our projects to near term production. We control 14 concessions covering 750 sq km -- in the heart of Ghana's major gold belts. Our holdings on the Asankrangwa gold belt alone are more than 70 km long -- the equivalent length of the entire Carlin Trend in Nevada -- and cover 3 past producing large scale mines and dozens of small historical operations.

Previous operators have recorded total gold production from our properties of near 800,000 ounces, with current NI 43-101 compliant resources of 604,085 ounces Indicated, and 315,079 ounces Inferred (mineral resources that are not reserves do not have demonstrated economic viability). Our lead development project Kubi, is located immediately south of and adjacent to the largest underground gold mine in West Africa and one of the largest in the World -- the 60 million ounce Obuasi mine.

We have also recently commissioned a resource estimate for our Abore, Adubiaso, Edubia and Fromenda projects where strong gold intersections in drilling, and local and or large scale mining have taken place and where significant gold mineralization has been outlined.

The mining infrastructure in Ghana is well developed and there is currently excess milling capacity. We plan on developing our projects using contract mining, contract trucking and toll milling -- the shortest, lowest cost, and most profitable route to production. A recent scoping study at Kubi suggested production of up to 65,000 ounces per year from a 950 tpd underground mine with a 7 year mine life.

In addition, we have outlined a one to two million ounce underground exploration target at our Nkran project where drilling of a 30 to 50 metre wide, steeply plunging zone under the previously mined Nkran pit (530,000 oz @2.2g/t) has yielded results to 50 m @6.4 g/t gold. We plan to grow our resources over time by aggressive exploration throughout our extensive property holdings.

We invite you to grow with us.


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Jul 15, 2010
Newsletter
Investor Update - PMI Gold Active on Many Fronts as Summer Starts! more

Jun 17, 2010
News Releases
Maiden NI43-101 Report Underway For Obotan Gold Project, Ghana more

Jun 01, 2010
Financial Statements
Quarterly Report for the period ending March 31, 2010 more


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