Handa Copper To Earn 100% Stake In Two Copper Projects


News: TSX Venture-listed Handa Copper Corporation has signed binding agreements with Renaissance Copper and Nirvana Resources to acquire a 100% interest in each of their Maboudou and the Banda-Kayes copper projects, respectively. Both the projects are located in the Republic of Congo. The Maboudou project comprises tenements covering around 3,000 sq kms, while the Banda Kayes project covers 5,100 sq kms. Under the terms of both the agreements, Handa can earn an initial 20% interest for a cash consideration of USD200,000 for each project.

This article is tagged to:
Sector: Mining
Geography: Congo