Plusor Global Pty Ltd entered into an agreement to acquire 35% stake in Boundiali North Permit from Turaco Gold Limited (ASX:TCG) on November 7, 2023. Consideration payable to Turaco by Plusor will be the completion of 3,500 metres of diamond core drilling at no cost (including consumables) to Turaco within a project nominated by Turaco in Cote d?Ivoire within 12 months (unless extended by Turaco). Based on Turaco?s most recent diamond core drilling program, the value of this drilling to Turaco is estimated to be A$700,000 to A$800,000.
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02:47am | Turaco Gold Raises AU$18 Million for Accelerating Drilling at Cote d’Ivoire Project; Shares Up 6% | MT |
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- Plusor Global Pty Ltd entered into an agreement to acquire 35% stake in Boundiali North Permit from Turaco Gold Limited.