Troy’s Karouni Project Receives Mining License

Troy Resources Ltd. (TSX:TRY,ASX:TRY) announced that it has received a mining license for its Guyana-based Karouni gold project.

As quoted in the press release:

As a result of receiving the Licence, the Company is now in a position to proceed to the advanced stage of project development, including plant construction and pre-strip mining operations.

The issue of the Licence also completes the list of conditions and requirements for Troy’s $30 million Tranche B Facility with Investec Bank.

Click here to read the full Troy Resources Ltd. (TSX:TRY,ASX:TRY) press release.