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Aussie Emerald looking to join hunt for gold

geovalin
geovalin
in Cambodia News

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Australia's Emerald Resources will suspend share trading today as it looks to shift its focus from oil and gas exploration in the United States to gold exploration in Cambodia, the company said in a filing to the ASX.

Emerald announced yesterday it had executed a farm-in and joint venture agreement with ASX-listed Renaissance Minerals in which it stands to earn up to 51 per cent interest in Renaissance’s Okvau gold project in northeastern Cambodia.

In return, Emerald has pledged funds to cover a definitive feasibility study for development of the gold project to a bankable level, conduct an environmental and social impact assessment, and bankroll a two-year exploration program worth $3 million.

read more http://www.phnompenhpost.com/business/emerald-looking-join-hunt-gold

ThaiVisa, c'est aussi en français

ThaiVisa, it's also in French

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