Xtract secures mining contract agreement for Manica concession

June 19, 2017

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Aim-listed Xtract Resources’ wholly-owned subsidiary Explorator has concluded a mining contractor agreement that will result in the exploitation of alluvial gold deposits at its Manica mining concession, in Mozambique. Contract miners Omnia Mining and Moz Gold will have the exclusive right to mine unconsolidated alluvial deposits on the western half of the permitted area of the mining concession area for the next ten years.

Category: General