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Invictus Gold Ltd. (ASX:IVG) announced that it acquired the option to buy 100 percent of the Himmetdede South gold project, located in Turkey. The option is the company’s first foray into overseas expansion.
Invictus Gold Ltd. (ASX:IVG) announced that it acquired the option to buy 100 percent of the Himmetdede South gold project, located in Turkey. The option is the company’s first foray into overseas expansion.
As quoted in the press release:
The Project is south west of, and adjacent to, the Himmetdede gold deposit owned by major Turkish company Koza Gold A.S. and along the strike from another prospect with very high grade drill results of up to 2 m at 225 g/t (7.5 oz) gold that is owned by a private Turkish company.
Invictus has commenced ground exploration on the project: an extensive soil geochemistry survey over the entire License of 7.12 sq km is in progress.
Click here to read the full Invictus Gold Ltd. (ASX:IVG) press release.