AFRICA SPECIAL — NEWS ROUNDUP — Ashanti explores Royalstar prospect

Diamond drilling by Ashanti Goldfields (AHD.U-T) is about to begin on the Nassile property in Niger.

The African gold producer can earn up to a 60% interest in the joint-ventured project from Royalstar Resources (RYQ-V) by spending US$900,000 on exploration or on a feasibility study.

This year’s work program is under way and will consist of 227 km of linecutting, 1.2 km of trenching, geological mapping and ground geophysics, followed by drilling.

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