LONDON (Alliance News) - Golden Saint Resources Ltd said Tuesday that the renewal of its three exploration licenses in Sierra Leone was approved by the Minerals Advisory Board last Thursday, and a letter from the National Minerals Agency constituting final formal approval is expected soon.
The company said it would update the market in relation to the content of the letter and any further requirements for renewal contained in it, if any, once received.
It added that its operations in Tongo are progressing well, with refitting work on the Dove Explorer completed and bulk sampling operations resuming Sunday.
Shares in Golden Saint Resources were down 5.9% at 0.0400 pence Tuesday afternoon.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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