MSA is acquiring 100% of a large gold exploration project in Tolima, Colombia, from AngloGold Ashanti for $10M cash plus up to $60M contingent payments.
The project hosts a historical resource of 23.3Moz Au Indicated and 5.0Moz Au Inferred, strengthening MSA’s project pipeline in Colombia, where it has a strong track record of operating.
We recently conducted our first management interview with new CEO Daniel Henao.
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MSA: Expanding Footprint in Colombia Through Exploration Acquisition