Waraba Gold Limited Corrects Inaccurate Information Regarding its Licenses
On April 1, 2025, Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) (the “Company” or “Waraba”) issued a correction to its press release dated March 25, 2025, addressing an error concerning the name of one of its licenses. The erroneous reference was made to a license labeled as “Tiegba,” which should be disregarded as it does not exist.
Background
Waraba Gold Limited is a mineral exploration company with a focus on gold and copper projects located in the prolific Birimian Greenstone Belt in West Africa. The Company’s primary asset is the 100% owned Dormaa Project, which encompasses 163 km² of highly prospective exploration terrain in Ghana. In addition, Waraba holds a 100% interest in the 62 km² Kibi Gold Project in southern Ghana, as well as a 51% interest in the 1,111 km² Kobada Gold Project in Mali.
Correction to the Press Release
In its March 25, 2025, press release, Waraba Gold Limited inadvertently mentioned a license called “Tiegba.” However, the Company wishes to clarify that no such license exists. The Company’s licenses in Ghana include the Dormaa Project and the Kibi Gold Project, as previously mentioned.
Impact on Waraba Gold Limited
The correction of this inaccurate information should not significantly affect Waraba Gold Limited in the long term. The error was a simple miscommunication, and the Company has promptly addressed the issue to avoid any confusion among its stakeholders. Waraba remains committed to its exploration efforts in Ghana and will continue to provide updates on its progress.
Impact on the World
The correction of Waraba Gold Limited’s press release regarding the “Tiegba” license is an isolated event and is unlikely to have a substantial impact on the global mining industry. The mining sector continues to experience significant growth, with a focus on discovering new mineral deposits and developing sustainable mining practices. Waraba Gold Limited’s correction serves as a reminder of the importance of accurate and transparent communication in the industry.
Conclusion
Waraba Gold Limited has addressed an error in its March 25, 2025, press release, clarifying that no such thing as the “Tiegba” license exists. The Company’s exploration projects in Ghana, including the Dormaa Project and the Kibi Gold Project, remain its primary focus. The correction should not significantly impact Waraba or the mining industry as a whole. The Company will continue to provide updates on its exploration efforts and progress.
- Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) issued a correction to its March 25, 2025, press release regarding an error concerning the “Tiegba” license.
- The “Tiegba” license does not exist, and Waraba’s licenses in Ghana include the Dormaa Project and the Kibi Gold Project.
- The correction should not significantly impact Waraba or the mining industry as a whole.
- Waraba remains committed to its exploration efforts in Ghana and will continue to provide updates on its progress.
