06 October 2026
06 October 2026
The financing aims to support capex at Asarel Medet’s open-pit copper mine in Panagyurishte.
Located approximately 100km east of Lake Victoria, North Mara began commercial operations in 2002.
The Greenlandic authorities’ decision builds on the exploitation licence granted for the Tanbreez project in 2020.
The agreement, signed with EMPG, gives Gold Mountain the right to conduct due diligence on the 857.53ha site.
The NewRidge Gold Project lies within the Odzi-Mutare-Manica greenstone belt.
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