06 Jan IronRidge Resources expands its gold pursuit in the Ivory Coast
Australian mining junior IronRidge Resources (AIM:IRR) has agreed an earn-in deal which will provide the company with three highly prospective exploration licences in the Ivory Coast.
The deal will allow IronRidge to have exploration access to 1,200km of land in the Wa-Lawra area of north-eastern Ivory Coast.
This will add to the 2,310km land package that the company already has access to in the gold rich west African nation.
The deal is part of IronRidge’s ongoing commitment to gold and lithium exploration, after recently refocusing its efforts into a multi-commodity search.
Vincent Mascolo, chief executive of the firm, said: “This strategic acquisition further consolidates and enhances our extensive gold portfolio along the Wa-Lawra shear in the north-east of the gold-rich and pro-mining jurisdiction of Ivory Coast.
“This strengthens the company’s broader strategy of securing large project sites within highly prospective yet underexplored terrains with proven gold potential in supportive jurisdictions.”