Acacia Mining estimates that there are 1.31 million ounces of inferred gold resource worth Sh164 billion on the Lirhanda Corridor. The company, Acacia Mining, is expected to start exploring for gold on the Lirhanda Corridor, which straddles Kakamega, Vihiga, Kisumu and Siaya counties, in 2022. Acacia Mining estimates that there are 1.31 million ounces of inferred gold resource worth Sh164 billion on the Lirhanda Corridor. Mining Cabinet Secretary John Munyes announced the exploration plans when he visited the region two weeks ago. During the tour, Mr Munyes formally received the five-acre land where a gold refinery will be established.

Source: Daily Nation August 01, 2020 07:01 UTC