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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   22/06/2015
 
Castle enters MOU for Ghana project
 
Castle Minerals Limited announced that it has executed a conditional Heads of Agreement with Canadian listed gold producer Dundee Precious Metals Inc. over two of Castle’s concessions in north west Ghana.

Under the terms of the agreement (which is subject to a 60 day due diligence period) Dundee may earn an 80% interest in two of Castle’s Wa South concessions by spending up to $US8M over six years.

Castle will be the operator of the joint venture project during Phase I and receive a management fee plus a cash payment of US$50,000. The JV area covers the Degbiwu Prospecting Licence and the Gbiniyiri Reconnaissance Licence for a total area of 1,200km2.

Castles’ Kpali gold discovery (107,200 ounces)1 and the Bundi gold/zinc discovery are located within the JV area and will be the initial focus of exploration by Dundee.

Castle will continue exploration on the remainder of its gold targets in NW Ghana including progressing the development of the near surface Julie West and Danyawu gold resources that total 487,100t @ 4.4g/t gold3.

 
 
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