Key points
- GoldCoast Resource began trading on the Canadian Securities Exchange (CSE) on August 10, 2026, under ticker GCR.
- The company targets submerged ancient paleo river channels on Ghana’s shallow continental shelf, where geologist and founder Dr. Robert Griffis theorizes up to 200 million ounces of gold may have accumulated through historical erosion and river transport.
- GoldCoast controls approximately 10,000 square kilometers of reconnaissance licenses covering roughly 300 kilometers of Ghana’s western coastline and extending approximately 33 kilometers offshore in water depths around 20 meters.
- The company has completed an airborne magnetic survey covering 60,000 line kilometers and expects three survey vessels to arrive in Ghana in September 2026 for offshore geophysical surveys and drilling.