Hamak Gold Limited announced channel sampling results with wide intersects of significant gold mineralization from its Block-1 grid in the Nimba licence, which is located some 25 kilometers south-west of Endeavour Mining's Ity Gold Mine complex in neighboring Cote d'Ivoire. Nimba License Block-1 Channel Sampling and Results: In late June the Company announced positive gold in soil results and significant rock chip sampling results of 45.5g/t Au and 37.3g/t Au from its first sampling block in the Nimba Licence. The rock chip samples were collected from a silicified stockwork zone of fine grained metadolerite containing disseminated auriferous pyrite which has been exposed by artisanal mining.

A total of 43 channel samples over a distance of 66m were collected across this exposed zone, subdivided into north and south faces which form a continuous strike length, and were submitted to ALS Global laboratory in Ghana for gold fire assay. The results have returned gold mineralization across the entire 66m channel length which is not closed off in any direction, with sections of significant gold mineralization returning 55.0m at 0.63 g/t Au and 11.0m at 0.99 g/t Au, which include better intervals of 14m at 1.98g/t Au and 3m at 3.14g/t Au respectively, and with individual samples returning up to 8.56g/t Au over 2m splits. These results are clearly significant from a width and gold anomalism perspective and provide drill targets as the next step towards defining the extension of gold mineralization with depth, as well as its lateral extent.

Nimba Licence Blocks-1 Soil Sampling and Results: Results for a further 285 soil samples from Block-1 have been received, bringing the total collected and assayed to 1,096 samples. Two significant anomalies have previously been announced, and the additional samples have revealed a third strong anomaly with gold values of up to 0.732 parts per million ("ppm") or 0.73g/t Au located in the south-west of the block. Further soil sampling is being conducted to the south of Block-1 to fully define these gold anomalies and results are awaited.

Currently, trenching and channel sampling is being conducted across peaks in gold values in anomalies 1 and 2 within Block-1, to identify further drilling targets. Stream Sampling and Block-2 Results: Exploration elsewhere in the Nimba licence has included soil sampling of Block-2 in the north of the licence, where 752 samples have been collected and assayed. One positive anomaly with a value of 0.652ppm Au (0.65g/t Au) has been revealed at the western edge of the block and further sampling will be required to better define this anomaly.

In addition, stream sampling was conducted around a topographic high called Mount Blah in the centre of the licence. The streams sampled drain from a prominent 8 kilometres long Greenstone Belt ridge that has been subjected to artisanal mining activity. Some 29 stream samples have been collected with several of samples yielding positive gold values up to 2.230ppm Au (2.23g/t Au).

Further detailed follow up will be required to track up the streams to the source of the gold anomalies.