Graphex replaces Glomin in Tabakorole, Lakanfla gold JV with Altus

ASX-listed Graphex Mining has acquired Glomin Services’ joint venture (JV) earn-in rights on Aim- and TSX-listed Altus Strategies’ 100% owned Lakanfla and Tabakorole gold projects, in western and southern Mali, respectively. Graphex can earn up to an 80% interest in each project by completing up to four key stages culminating in a definitive feasibility study. Altus will retain a 2.5% net smelter return (NSR) royalty on the projects.