EXPLORATION
With a maiden National Instrument (NI) 43-101-compliant inferred mineral resource estimate of 1.31-million ounces of gold at 12.1 g/t published for the West Kenya project, London-listed Acacia Mining plans to spend $12-million on exploration on a 45 000 m drilling programme for the Liranda corridor. With six drill rigs now active on site, and two more to follow shortly, Acacia aims to increase the resource to two-million ounces by the end of the year.
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