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Target Resources says acquires new 2-year licences |
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Friday, 18 January 2008 |
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 LONDON (Thomson Financial) - Target Resources PLC said it acquired two new
exclusive prospecting licences both two-years in duration for gold, diamonds and
other minerals in Sierra Leone.
Target also confirmed it is on schedule with its machinery acquisition
programme for its Kono licences.
The first licence is for 520.45 sq km in the Tane and Gbonkolenken Chiefdoms in
the Tonkolili District of the Northern Province of Sierra Leone and the second
covers 253.57 sq km in the Faiyama Area, Nomo Chiefdom, Kenema District in the
eastern province of the country.
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