Coppermoly, Barrick unite in $20M deal

BARRICK Gold Corporation has completed due diligence for a farm-in and joint venture deal with Papua New Guinea-focused explorer Coppermoly and signalled the $A20 million deal will go ahead.

Coppermoly, Barrick unite in $20M deal
Coppermoly, Barrick unite in $20M deal
Coppermoly, Barrick unite in $20M deal
Coppermoly, Barrick unite in $20M deal
Coppermoly, Barrick unite in $20M deal

Barrick will start its farm-in commitments by sole funding up to $20 million to earn up to a 72% interest in Coppermoly's three emerging copper projects on New Britain Island.

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