ASX-listed junior Emerald Resources has entered into a memorandum of understanding (MoU) with fellow-listed Renaissance Minerals to earn a possible 51% interest in the Okvau gold project, in Cambodia.
Under the terms of the agreement, Emerald would sole fund a definitive feasibility study on the project, along with an environmental and social impact assessment, while also funding a two-year exploration programme worth $3-million.
