Resolute takes chunk of Orca, the latest junior to offer miner potential growth

AFRICA-Australia gold miner Resolute Mining is making a significant and innovative investment in Sudan-focused, Toronto-listed explorer Orca Gold, the latest in a list of investments made in juniors over the past year as it seeks to secure future growth opportunities.

Resolute takes chunk of Orca, the latest junior to offer miner potential growth Resolute takes chunk of Orca, the latest junior to offer miner potential growth Resolute takes chunk of Orca, the latest junior to offer miner potential growth Resolute takes chunk of Orca, the latest junior to offer miner potential growth Resolute takes chunk of Orca, the latest junior to offer miner potential growth

Orca fishing for gold in Sudan.

Resolute will invest just over A$11 million cash plus issue Orca with more than $11 million worth of its ASX-listed shares to the Canadian headquartered company for a 15% stake.

topics

loader