Gold recovery group Goldplat plc (LON:GDP) has granted Canada-listed Ashanti Gold Corp (CVE:AGZ) an extension to complete its farm-in at the Anumso gold project in Ghana.
Ashanti has an option to acquire 51% of Goldplat's interest in Anumso through US$1.5mln of exploration expenditure.
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This option has now been extended until October 31 this year. Ashanti can take an additional 24% stake in Anumso by spending an additional US$1.5mln in the following 12 months.
The Canadian group is currently soil sampling along 10km of known conglomerate outcropping within the 29.6 sq km licence area.