IronRidge Resources signs Venture Agreement with Gail Exploration
Atlantic Lithium Limited NPV (DI)
20.45p
16:40 23/04/24
AIM-listed minerals exploration company, IronRidge Resources, reported the signing of a joint Venture Agreement with Gail Exploration SA on Tuesday, granting it exclusive rights over a granted license prospective for gold in Cote D'Ivoire, West Africa.
Industrial Metals & Mining
6,690.01
16:59 23/04/24
Representing an under-explored and highly prospective gold-rich terrain, Cote d'Ivoire offers a diversified economy and pro-mining investment framework.
Commenting on the Company's latest progress, Vincent Mascolo, chief executive officer of IronRidge, said: "Securing the Gail license has been one of the key strategic priorities for the Company. It represents a valuable addition in consolidating our position along the prospective Wa-Lawra (2.2Moz Au) - Konkera (3.3Moz Au) shear corridor.
"We are pleased to have secured and finalised this agreement, as we see enormous potential in this area and consider it as a spectacular strategic opportunity for the company. We look forward to successfully working with Gail to commence field work on this granted license.
"We believe that Côte d'Ivoire represents a hugely prospective and supportive jurisdiction with pro-mining investment framework."