Exploration / Development > Discovery

Barrick funds Reunion's Guyana team

Barrick Gold (CN:ABX) is continuing its strategy to fund junior explorers in emerging districts, having taken a 15% stake in Reunion Gold (CN:RGD) and one of the most experienced management exploration teams in the region.

Exploration / Development > Discovery

Barrick funds Reunion's Guyana team

Barrick Gold (CN:ABX) is continuing its strategy to fund junior explorers in emerging districts, having taken a 15% stake in Reunion Gold (CN:RGD) and one of the most experienced management exploration teams in the region.

Barrick funds Reunion's Guyana team

A 3D model of Dorlin

Barrick just bought 48 million shares at C$0.19 each via a private placement that provides Reunion with C$9.12 million (US$7.2 million) to fund exploration at its four projects spread throughout French Guiana and Guyana.