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Golden Star Announces Agreement with Royal Gold for Investment in Golden Star Oil Palm Plantations
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TORONTO, April 20, 2021 /PRNewswire/ -
Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ( Golden Star or the Company ) is pleased to announce that its wholly-owned non-profit subsidiary, Golden Star Oil Palm Plantations Limited ( GSOPP ) and RGLD Gold AG, a wholly-owned subsidiary of Royal Gold, Inc. ( Royal Gold ), have entered into an agreement providing for Royal Gold s investment in the oil palm plantations initiative, Golden Star s award winning flagship sustainability project.
In consideration of the long-standing relationship with the Wassa mine, and by extension the Wassa operations host communities, Royal Gold has committed to provide financial support for the activities of GSOPP that benefit the Wassa operational communities through an annual contribution of $150,000 during five years. The investment will be
United-statesCanadaTorontoOntarioGhanaAmericanGhanaianAndrew-wrayRoyal-gold-incToronto-stock-exchangeGhanaian-stock-exchangeProspectors-developers-association-of-canadaTORONTO, March 1, 2021 /PRNewswire/ -
Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ( Golden Star or the Company ) today filed a National Instrument 43-101 ( NI 43-101 ) technical report ( Technical Report ) which includes a mineral reserve and resource update and a preliminary economic assessment ( PEA ) of the potential expansion of the Southern Extension zone in the Wassa underground gold mine in Ghana ( Wassa Underground ). The Technical Report is available on the Company s website and under the Company s profile on SEDAR at www.sedar.com. All references herein to $ are to United States dollars.
Figure 1: Wassa Mine Longitudinal View showing Mineral Reserve and PEA Area Limits (CNW Group/Golden Star Resources Ltd.)
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