Whether it is the Olympic dam nearology play, Alaskan gold assets (Tintina Gold Belt), or the Kurnalpi Gold projects, there are several projects that can provider substantial shareholder returns.
However, one project that has been forgotten are the Colombian gold assets. In 2017, RGL acquired Cambodia Gold Pty Ltd for $6.4mn. Cambodia Gold had pending applications on Antrong, Kang Roland North, Rapoah and Kang Roland South. These tenements are next to the Emerald Resources Okvau 1moz Gold deposit (DFS).
Pending application approvals being granted, these will be of immense value to Emerald Resources, who have already acquired the remaining surrounding tenements.
Per the company, they are hopeful these will be granted this year.
Ann: Trading Halt, page-18
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