Oriole reports that IAMGOLD has commenced its Year 5 exploration programme at the Senala gold project in Senegal, a JV between Oriole’s 85% subsidiary, Stratex-EMC and IAMGOLD. This marks the start of the 2nd Option period at Senala and follows confirmation by Oriole that IAMGOLD has completed the US$4m in exploration expenditure which defines the basis of the 1st option period under the terms of the earn-in agreement. Consequently, IAMGOLD’s move to a 51% interest is being finalised. IAMGOLD ha ....
18 May 2022
IAMGOLD commences 2nd option work programme in Senegal
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IAMGOLD commences 2nd option work programme in Senegal
Oriole Resources PLC (ORR:LON) | 0.4 0 0.0% | Mkt Cap: 14.2m
- Published:
18 May 2022 -
Author:
Phil Swinfen -
Pages:
3
Oriole reports that IAMGOLD has commenced its Year 5 exploration programme at the Senala gold project in Senegal, a JV between Oriole’s 85% subsidiary, Stratex-EMC and IAMGOLD. This marks the start of the 2nd Option period at Senala and follows confirmation by Oriole that IAMGOLD has completed the US$4m in exploration expenditure which defines the basis of the 1st option period under the terms of the earn-in agreement. Consequently, IAMGOLD’s move to a 51% interest is being finalised. IAMGOLD ha ....