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A British firm, Panthera Resources Plc, has announced that its associated company, Moydow Holdings Limited (Moydow), has commenced gold mining at its Paimasa Project in Nigeria.
The diversified gold exploration and development company with assets in West Africa and India, said the drilling commenced through Moydow’s joint venture company, Gurara Holdings Limited (Gurara).
The company made the announcement in a disclosure sent to the London Stock Exchange. It explained that the Paimasa Project is located in central Nigeria, approximately 115km north-northwest of the capital city Abuja. A programme of 300m diamond and 1250m reverse circulation (RC) drilling is proposed, it said.
Nigeria: British Firm Begins Gold Mining in Nigeria allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.