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Xtract announces enhanced terms for Manica gold project

By:  
Contributing Editor Online
 
GOLD
Aim-listed Xtract Resources’ Mozambique subsidiary Explorator has negotiated enhanced terms for the exploration of alluvial gold deposits in the western portion of its Manica mining concession, in Mozambique, the company announced on Thursday. Explorator initially concluded mining contractor agreements for Manica with contractors Omnia Mining and Moz Gold in June for the exploitation of the alluvial deposits. Under the amended agreement, the western mining area will be divided into two blocks, M block and O block.
 
 
 
 
 

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