Harmony sells copper-gold play to Kainantu

TORONTO-based Kainantu Resources has closed a deal with the Papua New Guinean arm of South African minder Harmony Gold to acquire 100% of the Kili Teke gold-copper project, just 40km from the giant Porgera mine.

Harmony sells copper-gold play to Kainantu Harmony sells copper-gold play to Kainantu Harmony sells copper-gold play to Kainantu Harmony sells copper-gold play to Kainantu Harmony sells copper-gold play to Kainantu
The definitive agreement will see the advanced exploration porphyry project transferred to Kainantu for just US$1 million to be paid over two equal instalments, plus up to $7 million if scoping and