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British firm begins gold mining in Nigeria | Premium Times Nigeria - Vimarsana News

British firm begins gold mining in Nigeria | Premium Times Nigeria

A British firm, Panthera Resources Plc, has announced that its associated company, Moydow Holdings Limited (Moydow), has commenced drilling at its Paimasa Project in Nigeria. The diversified gold exploration and development company with assets in West Africa and India, said the drilling commenced through Moydow’s joint venture company, Gurara Holdings Limited (Gurara). The company made the announcement in a disclosure sent to the London Stock Exchange. It explained that the Paimasa Project is located in central Nigeria, approximately 115km north-northwest of the capital city Abuja. A progr...

Investegate |MetalNRG PLC Announcements | MetalNRG PLC: LAKE VICTORIA GOLD ACQUISITION UPDATE - Vimarsana News

Investegate |MetalNRG PLC Announcements | MetalNRG PLC: LAKE VICTORIA GOLD ACQUISITION UPDATE

  MetalNRG plc (LON:MNRG), the natural resource investing and exploration company, provides further details relating to the planned acquisition of Lake Victoria Gold Ltd ("LVG") (announced 20 th October 2020). 1 compliant Total Resource of 4.73Mt @ 1.92g/t gold 2 based on Resource drilling completed in 2016 and a Mineral Resource Estimate in 2017, for a total of 291,600 oz resources. In addition, an open-pit mining Pre-Feasibility Study ("PFS") and underground mining Scoping Study was completed by Measured Group Pty Ltd ("MG") for the Imwelo Project in June 2017 (the "Pre-Feasibi...