MetalsGrove Complete the acquisition of three Gold JV permits at Ivoire Coast

Metalsgrove Mining has completed the acquisition of three golden -origin (JV), Vavoua, Vavoua West and Kounahiri West projects, which are known collectively as the Central West Gold JV, at the expense of Ivoire, West Africa.

The acquisition was announced on March 31, 2023, and a binding deadline for acquisition was signed in April 2025.

The acquisition includes permits strategically located between 60 km and 140 km north -east of the Golden Mine of 3.8 million operational openings (MOZ).

The three permits include a total area of ​​approximately 950km², located inside the Birimian green stone belt. The area has more than 50 km of highly prospective fault/shear structures, which are key to the region’s gold prospecting.

Permits are found throughout the same structural tendency as the golden mine.

Vavoua’s permission has already received the approval of the Interministerial Committee and is expected to be officially granted shortly.

The CEO and CEO of Metalsgrove, Lijun Yang, said: “ With the support of a favorable geological environment, fostering the results of anomalous golden golden projects and the robust structural data of aeromagnetic surveys, we believe that the region maintains a strong potential for important gold discoveries.In under the final permanence, we are ready to launch our initial exploration program. ”

Improving the prospecting of the permits acquired is further improving the results of the neighboring areas, where the sampling of highly abnormal floor delay and delay have indicated the probability that gold mineralization will extend to the acquired areas.

The presence of artisanal mining activities within the permit area is a testament to the potential of gold mineralization almost surface.

“MetalsGrove completes the acquisition of three Golden JV permits at Ivoire Coast” was originally created and published Mining technologya brand of Globaldata property.

The information on this site has been included in good faith for general informative purposes. It is not intended to achieve the tips on which you must trust, and we do not give any representation, guarantee or guarantee, whether it is express or implicit of its accuracy or integrity. You need to obtain professional or specialized advice before taking or abstaining from any action based on the content of our site.