Agreement to Purchase Contiguous Mining Lease with the Obotan Gold Project
PMI acquires mining lease continguous................ (MS Word)
PMI acquires mining lease continguous................ (Acrobat Reader .pdf)
PMI Gold Corporation(TSX-V: PMV) (ASX: PVM) is pleased to announce that its 100% wholly-owned subsidiary, Adansi Gold Company (Ghana) Limited (“Adansi”) has entered into an agreement with Midras Mining Company Ltd (“Midras”) to acquire the DatanoMining Leasewhich sits contiguous to the Company’sflagship Obotan Gold Project in south-west Ghana (Figure 1) (please download file).
The Midras concession covers an area of 50km2 and sits strategically south of the Nkran deposit providing PMI access to the extensions of the mineralised Nkran and Fromenda structures and the opportunity to develop additional oxide resource targets close to the...