Gold Aura finds new JV partner for Fergusson Island project

TRIPLE-LISTED Yamana Gold has exited PNG by selling off its 33% stake in the Fergusson Island Gold Project joint venture with Queensland-based explorer Gold Aura to a subsidiary of BacTech Mining Corporation.

Gold Aura finds new JV partner for Fergusson Island project Gold Aura finds new JV partner for Fergusson Island project Gold Aura finds new JV partner for Fergusson Island project Gold Aura finds new JV partner for Fergusson Island project Gold Aura finds new JV partner for Fergusson Island project

Gold Aura's stake will remain at 67% but the company said the deal will increase its value to more than $A7million (K17.32 million) compared to its current market cap of $A4.5 million.

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