Waraba Gold to acquire stake in Somaco Global Resources in Ivory Coast
Canadian mineral exploration company Waraba Gold has entered into an earn-in agreement to acquire up to an 80% stake in Somaco Global Resources over the next four years.
Somaco Global holds two prospective gold licence applications in the northern Ivory Coast, including the Sirasso licence and the Tengrela & Tiegba licences.
The Sirasso licence, spanning 369.34kmē, lies along the Senoufou greenstone belt and was previously held in a joint venture (JV) with Barrick Gold.
Source: https://www.mining-technology.com/