Adamus Receives Mineral Licences in Liberia

19 April 2011 (Last Updated April 19th, 2011 18:30)

Adamus Resources has been granted three mineral reconnaissance licences that cover an area of over 3,000km² in the Republic of Liberia. The licences are located in a highly prospective Archaean belt north of the capital Monrovia, near the towns of Mambo, Bopolu and Fasama in wester

Adamus Resources has been granted three mineral reconnaissance licences that cover an area of over 3,000km² in the Republic of Liberia.

The licences are located in a highly prospective Archaean belt north of the capital Monrovia, near the towns of Mambo, Bopolu and Fasama in western Liberia.

The Mambo licence covers a 580km² area and is located close to African Aura's New Liberty project.

The Bopolu licence covers an area of 1190km² and is 70km east north-east of the New Liberty deposit and within the same Archaean belt.

The Fasama licence is located within the same Archaean belt as the Mambo and Bopolu licences.

Adamus Resources' managing director and CEO Mark Connelly said the company has scoped an initial programme of work to commence immediately.