PERTH (miningweekly.com) – ASX-listed junior Chesser Resources on Wednesday confirmed that it had executed a legally binding agreement with joint venture partner Eurasian Minerals to sell its 51% stake in the Sisorta gold project, in Turkey.
Under the agreement, Chesser would give full ownership of Sisorta to Eurasian for a cash consideration of A$162 092.
Chesser in January this year announced its plans to exit Turkey by June, with the miner also calling off the hunt for new resource opportunities in the region.
Chesser in September last year sold its Kestanelik gold project, also in Turkey, for A$40-million to Nurol Holdings.