Exploration is continuing on several African concessions held by Patrician Gold Mines (PXX-A), following the dissolution of a strategic alliance between Patrician and South African powerhouse JCI Ltd.
Patrician says recent drilling on the Ikungu gold property in Tanzania, where JCI is required to spend $2.1 million to earn a 70% interest, has confirmed a 2-km strike extension of the Forest Reef mine. Drilling is continuing.
JCI is also deciding whether to proceed with exploration on the Wingayongo property, 100 km southwest of Dar es Salaam. Meanwhile, on the Goaso licence in Ghana, trenching, followed by reverse-circulation drilling, is expected to begin this fall.
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