https://www.miningweekly.com

B2Gold terminates earn-in option on Galane properties

14th October 2020

By: Creamer Media Reporter

     

Font size: - +

Gold junior Galane Gold says Canadian miner B2Gold has terminated the earn-in option agreement relating to certain exploration properties in Botswana, after none of the targets identified met the size criteria of the larger miner.

Galane CEO Nick Brodie says, however, that the targets that B2Gold identified at the Mupane exploration properties could represent significant targets for Galane.

“Once we have had time to digest all the information that they have created, we will prioritise each of the targets and we expect to put our own exploration programme together to progress them.

"In the context of a much higher gold price and greatly improved position for Galane Gold since we originally entered into this option agreement, we are very excited to pursue these opportunities directly as we continue to develop Mupane’s long-term plans,” he comments in a statement.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION