Critical Resources Secures Exclusivity over Suriname Gold Project
Key points
- Third Suriname gold project secured
- Located 4 km from Zijin's Rosebel mine
- Part of a 228 km² Suriname gold portfolio
Full summary
Critical Resources Limited has secured exclusivity to acquire a 90% interest in the Gadu Manda Gold Project, a granted exploration permit covering approximately 29 km² in Suriname. The project is located approximately 4 km from the open pits of Zijin's Rosebel gold mine, which has produced over 6 Moz of gold since 2004. The acquisition is part of a staged entry with cash and share consideration, subject to due diligence and regulatory approvals. Upon completion, Critical Resources will hold 90% interests in approximately 228 km² of granted gold rights across three projects in Suriname.
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