(AGENPARL) - Roma, 1 Maggio 2024 - (AGENPARL) – mer 01 maggio 2024 The Agreement initially provides Barrick with access to approximately 4,000 square kilometers of consolidated land positions throughout the country.
https://www.barrick.com
Press Release
** Barrick Announces Extensive Exploration Partnership with Geophysx Jamaica (https://www.barrick.com/English/news/news-details/2024/barrick-announces-extensive-exploration-partnership-with-geophysx-jamaica/default.aspx)
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Barrick is pleased to announce that its subsidiary Barrick Gold (International Holdings) Ltd. has entered into an exploration earn-in agreement with Geophysx Jamaica Ltd. with respect to certain properties located in Jamaica.
The Agreement initially provides Barrick with access to approximately 4,000 square kilometers of consolidated land positions throughout the country, with a favorable geological setting comparable to the Dominican Republic, where Barrick operates the Pueblo Viejo mine. Barrick will have the right to work with Geophysx to earn up to an 80% joint-venture interest in designated properties upon fulfillment of certain spending obligations and study-deliverable milestones. Barrick will act as the operator, in partnership with Geophysx, leveraging Geophysx’s existing personnel, knowledge, facilities and equipment.
Read more (https://www.barrick.com/English/news/news-details/2024/barrick-announces-extensive-exploration-partnership-with-geophysx-jamaica/default.aspx)
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