Gleneagle expands African footprint

EXPLORER Gleneagle Gold is continuing its push into Africa after signing a letter of intent to acquire a majority stake in two iron ore projects in Mauritania.

Gleneagle expands African footprint Gleneagle expands African footprint Gleneagle expands African footprint Gleneagle expands African footprint Gleneagle expands African footprint

This follows the company’s deal last month to purchase up to a 70% stake in the Waterberg coalfield in South Africa from Namane Resources for close to $A2.