.11 Aug 2016 08:07
Noricum Gold Limited, the European focused base and precious metals resource development company, is pleased to announce significant new copper and gold intersections from ongoing drilling at the Kvemo Bolnisi Gold & Copper Project, one of 17 targets that have been identified by the Company across the 861 km2 Bolnisi Project ('Bolnisi' or the 'Project') in the Republic of Georgia.
The Company is also pleased to announce that it has signed a Memorandum of Understanding ('MoU') with its local partner's production companies, JSC RMG Gold and JSC RMG Copper (together 'RMG'), outlining mining and processing arrangements for the future production of precious and base metal ores mined at Bolnisi.