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Azumah strengthens Australian links in Ghana

Mineweb | May 31, 2011 | 1:48 pm Precious Metals Africa Australia Europe Gold

Azumah Resources Ltd (ASX: AZM) said today it has secured an 11% stake in Castle Minerals Ltd (ASX: CDT) through a holding of 11.081 million shares.

Azumah’s managing director Stephen Stone said the company viewed the holding as a strategic investment that would increase Azumah’s options should any of the growing market-based speculation about consolidation in the West African gold sector unfold.