Commercial-grade nickel discovered in Oti Region

Preliminary drill samples show nickel concentrations over one percent. This level is commercially viable and could help Ghana enter the global critical minerals market. Certified laboratory results are still pending, but early data looks promising.

William Okofu Darteh, CEO of GIISDEC, spoke during a site visit. He mentioned they found good quantities of iron ore. However, they want to avoid situations where investors benefit unexpectedly from nickel.

Darteh emphasized the need for a complete understanding of the minerals present. GIISDEC has hired consultants to analyze mineral content thoroughly. This analysis will be finished by September 2025.

The study will assess the grade, volume, and distribution of iron and nickel at the site. Mr. Darteh noted that their mandate covers not just iron and steel but also related minerals like copper and nickel.

Once validated, findings will be shared with investors to attract capital for full value chain development. The GGSA confirmed nickel presence in all eight completed drill holes. David Yaw Kuma, a senior geoscientist at GGSA, stated that observed concentrations are economically viable.

Initial tests used handheld scanners; certified lab results will provide more accuracy. Mr. Kuma explained that initial checks were promising but they await lab results for clarity on the situation.

He added that project scope may change based on confirmed grades from labs. The discovery of nickel was unexpected but must be evaluated carefully.

Nickel is essential for lithium-ion batteries, with demand rising due to energy transitions. Ghana's entry into this market aligns with its strategy to become a critical minerals supplier.

The country is also developing the Ewoyaa Lithium Project in the Central Region. This project aims to produce around 365,000 tonnes of spodumene concentrate annually.

These initiatives highlight Ghana’s ambition in battery metals markets traditionally led by Indonesia, the Philippines, and Australia. Despite optimism about these discoveries, GIISDEC and GGSA stress it’s too early for firm conclusions.

Mr. Darteh stated they won't jump to conclusions without lab results first. He emphasized waiting for proper data builds a strong mining sector based on facts rather than speculation.

If commercial viability is confirmed, this nickel discovery could attract more investors to the Oti Region. It would also support Ghana's long-term plans to modernize its mining sector.

GIISDEC insists on transparency when engaging with investors about mineral offerings. Mr. Darteh stressed that being upfront about both iron ore and potential nickel builds trust for long-term investments.