A firm has discovered gold in commercial quantity in a field in Yagba West, Kogi State.
Chief Executive Officer Kinsfield Energy Adekunle Akintola said: â€œWe have done geological mapping, geophysical survey, geochemical sampling and contracting core drilling of the gold fields.â€
Akintola said gold mining is a lucrative business next to petroleum and it is internationally priced.
â€œOur vision is to pursue an aggressive policy of acquisition and development of gold and bitumen fields across Africa.â€
He said Kinsfield Energy is committed to utilising the extractive opportunities in Africa and North America.
Akintola is an extractive mining expert, specialising in mining and oil & gas.
Kinsfield Energy, which operates in Abuja and Houston in the United States (USA), has secured two Exploratory Licences (EL) for gold fields in Yagba West Area.