Loading ...TORONTO, July 12, 2018 (GLOBE NEWSWIRE) — Teranga Gold Corporation (“Teranga” or the “Company”) (TGZ.TO) (TGCDF) is pleased to announce that its most recent diamond drill program on the Golden Hill property in Burkina Faso, West Africa has returned near surface and deeper gold intersections that will enhance resources at a number of advanced prospects. In addition, the recent drilling evaluation program identified a new near-surface discovery at Peksou North, one of 9 prospects drilled at Golden Hill over the past 18 months.
Teranga has an earn-in agreement on Golden Hill with Boss Resources Limited (ASX:BOE) pursuant to which Teranga, as operator, can earn an 80% interest in the joint venture upon delivery of a feasibility study and the payment of AUD2.5 million.
cont. https://finance.yahoo.com/news/teranga-gold-golden-hill-exploration-100000660.html