Metalsgrove Mining Ltd. ( (AU:MGA) ) has provided an update.
MetalsGrove Mining Ltd. has successfully completed the acquisition of three gold joint venture permits in central-west Côte d’Ivoire, covering a total area of 950 km². These permits are strategically located near the Abujar gold mine and are part of the Birimian greenstone belt, known for its gold-rich terrains. The acquisition is expected to enhance MetalsGrove’s exploration potential, as the region shows promising geological characteristics for gold mineralization. The presence of artisanal mining and favorable survey results further indicate the potential for significant gold discoveries. This move positions MetalsGrove to capitalize on Côte d’Ivoire’s stable investment climate and growing interest from major industry players.
More about Metalsgrove Mining Ltd.
MetalsGrove Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in acquiring and managing mining permits, particularly in regions with significant mineral potential.
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