Aim- and ASX-listed resource developer Aura Energy has signed a farm-in or joint venture agreement with Nomads Mining Company, based in Mauritania, to extend its position in the Tasiast Archean Greenstone Belt.
The agreement allowed Aura to earn a 70% interest in Nomads’ 100%-owned 160 km2 exploration permit. The permit covers 50 km2 of Archean greenstones in the Tasiast belt.