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Caracal Gold PLC ( (GB:IGLD) ) just unveiled an update.
Imara Gold plc has signed a second Memorandum of Understanding with Corestone Minerals to expand its strategic gold partnerships in Botswana. This agreement grants Imara a 90-day exclusivity period to conduct due diligence on several exploration licenses, with plans to establish joint ventures for gold exploration. This move underscores Imara’s commitment to becoming a leading diversified gold-focused mining and exploration company in Africa, leveraging Botswana’s top-rated mining jurisdiction to secure promising exploration grounds.
More about Caracal Gold PLC
Imara Gold plc is an expanding African-focused gold company headquartered in Nairobi, Kenya. It aims to grow gold production and resources through strategic acquisitions and partnerships in East Africa. The company is committed to responsible mining and exploration, contributing positively to the social and economic development of the communities in which it operates.
Technical Sentiment Signal: Sell
Current Market Cap: £5.41M
See more insights into IGLD stock on TipRanks’ Stock Analysis page.