Altus and Marvel Gold have amended the terms of the JV and earn-in agreement pertaining to the Tabakorole and Lakanfla gold projects in Mali. Marvel’s interest in the JV is now 70% but the amendment now allows Marvel to move to a 75% interest by completing a further $5m of exploration and development spend. Two additional licences have also been added into the JV. As a consequence of Marvel’s increased focus on turning Tabakorole (1Moz and counting…) into a multi-million ounce deposit, it has ag ....
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Lakanfla back in the fold, Tabakorole pushing on
- Published:
21 Jan 2022 -
Author:
Phil Swinfen -
Pages:
5
Altus and Marvel Gold have amended the terms of the JV and earn-in agreement pertaining to the Tabakorole and Lakanfla gold projects in Mali. Marvel’s interest in the JV is now 70% but the amendment now allows Marvel to move to a 75% interest by completing a further $5m of exploration and development spend. Two additional licences have also been added into the JV. As a consequence of Marvel’s increased focus on turning Tabakorole (1Moz and counting…) into a multi-million ounce deposit, it has ag ....