VANCOUVER: American Pacific Mining Corp (APM) and Madison Metals Inc. announced the shareholders of Madison have approved the sale of the Madison Copper Gold Project near Silver Star Montana, USA to APM. The Madison Project is currently under an earn-in, joint venture agreement, whereby Kennecott Exploration Company, part of the Rio Tinto Group may spend…
LONDON: Altus Strategies Plc, the Africa focused project and royalty generator, announced Graphex Mining Limited has acquired the Joint Venture (JV) earn-in rights previously held by Glomin Services Ltd on the Company’s 100% owned Lakanfla and Tabakorole gold projects, located in western and southern Mali respectively. Steven Poulton, Chief Executive of Altus, commented: “We are…
SYDNEY: Power Metal Resources (POW), a metals exploration and development company, announced the commencement of a new joint venture (JV) with Red Rock Resources Plc to build a strategic gold exploration portfolio in Australia. Paul Johnson Chief Executive Officer of Power Metal Resources plc commented: “This strategic move into Australian gold exploration is an important…
PERTH: Catalyst Metals Limited’s wholly owned subsidiary, Kite Operations Pty Ltd have entered into an earn-in and joint venture agreement with gold producer St Barbara Limited. Under the agreement, St Barbara may acquire a 50% participating interest in EL006507 (the Drummartin Project) by funding not less than $3.5 million of Project Expenditure within 48 months…
MELBOURNE: Mako Gold Limited has completed its latest RC drilling program on the Tchaga Prospect at the Company’s 224 km2 Napié Project in Côte d’Ivoire. Mako is earning up to a 75% interest in the Napié Project under a farm-in and joint venture agreement with Occidental Gold SARL, a subsidiary of West African gold miner…