19th Nov 2013 10:32
LONDON (Alliance News) - Aureus Mining Inc Tuesday said it has been granted four new 100%-owned gold exploration licences in Liberia by the Ministry of Land, Mines and Energy.
The gold-mining company, with operations in Liberia and Cameroon, said the licences share a common border with the company's Bea Mountain Mining Licence and increase the company's linked ground holdings around its New Liberty Mine to 1,470 kilometres squared from 547 kilometres squared.
The company said the sites will join its budgeted 2014 exploration programme and are on a trend which hosts multiple gold targets.
Aureus Mining shares were up 1.0% to 34.59 pence Tuesday.
By Tom McIvor; [email protected]; @TomMcIvor1
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