Mining News

Canadian junior buys Namibian prospecting licences

Canadian junior Monterey Minerals has signed definitive agreements for the acquisition of seven exclusive prospecting licences from a group of private prospectors in Namibia.

The acquisition of 85% interest in these properties, totalling 93 514 ha, would make the company one of the larger and better positioned landowners in the Erongo province, it said in a statement on Thursday.

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