Vincent Mascolo, chief executive of IronRidge Resources Ltd, said "Chad really excites us" after the firm revealed it was taking a 58% stake in Tekton Minerals, giving it a first shot at several highly prospective gold belts.
"We've already fallen in love with Dorothe," the company boss told Proactive's Sarah Lowther, referring to one of the prospects at the 1,400 sq km site, which the firm reckons will be a "multi-million ounce" deposit.
Mascoo said he expects this to be mirrored at the other two prospects - Echbara and Am Ouchar.
Infrastructure, like roads and power , is already in place he said, since Chad was an oil- based country and major firms are already there like Glencore and Exxon.

Ironridge Resources Limited says Chad "really excites" the firm after Tekton Mineral deal
Quick facts: IronRidge Resources Ltd
Price: 14 GBX
Market: AIM
Market Cap: £58.11 m
Follow
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of IronRidge Resources Ltd named herein, including the promotion by the Company of IronRidge Resources Ltd in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE