Diversified gold miner Nordgold has entered into an option agreement with ASX-listed Alicanto Minerals for the exclusive right to acquire a 100% interest in the Arakaka gold project, in Guyana. Under the terms of the agreement, Nordgold will have an option to acquire a 100% interest in the Arakaka project by sole funding $3-million in exploration expenditure within a one-year option period and paying an additional $5-million to Alicanto to exercise the option.
