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Viking Ashanti looks to increase footprint

25th February 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) - ASX-listed junior Viking Ashanti was working towards gaining a bigger foothold in Ghana, with the company announcing on Monday that it had entered into a nonbinding heads of agreement regarding a potential corporate transaction.

The miner said that the third party, which also signed an exclusivity agreement, had projects in Ghana which offered clear operational synergies with Viking Ashanti’s existing asset portfolio.

Viking Ashanti currently holds more than 250 km2 of ground over two project areas in the Ashanti gold belt.

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Edited by Creamer Media Reporter

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