A unit of Australia’s Delta Gold has inked a deal with three Canadian juniors to explore for diamonds in southwestern Zimbabwe.
The 5-year option agreement allows Delta to earn 51% of four diamond projects there held by Trillion Resources (TLQ-T), Nickelodeon Minerals (NKM-V) and Skeena Resources (SKE-V).
To earn the interest, Delta must explore the property over a 5-year period. It can boost its stake to 80% by funding a bankable feasibility study.
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