NEWS ROUNDUP — Mink, Viceroy expand Mali ground

Partners Mink Resources (VSE) and Viceroy Resources (TSE) are expanding their exploration program in West Africa.

The joint venture will now explore a property owned by the Bureau de Recherches Geologiques et Minieres (BRGM) and the Mali government. It covers 180 sq. km and is surrounded by Mink’s 400-sq.-km Niaouleni gold concession. Viceroy is earning a 70% interest in Niaouleni by spending US$2.7 million. The joint venture will acquire at least a 65% interest in the new property, subject to approval by the Mali government and BRGM which now own 35% and 65%, respectively.

Earlier this year, work on Niaouleni returned several gold intersections, including 12.8 grams per tonne over 8 metres.