Archaen Gold holds the exploration rights to a license area covering 89 sq km and its exploration license is contiguous with and immediately south of Aureus’ Bea Mountain mining license in Liberia.
The Archaen Gold exploration license hosts the south eastern extension to the gold bearing rocks associated with the Ndablama prospect.
With the acquisition of this license, Aureus has increased its total holding by almost 20% to 546 sq km in a highly prospective gold belt in Liberia.
The Archaen Gold exploration license is held by Archaen Gold (Liberia), which was a wholly-owned subsidiary of Mansion Minerals.
