AFRICA STORIES

OreCorp keeps options open

There could be an intriguing future possibility or two set to play out over time at the multi-million ounce low-grade (but high “optionality”) Nyanzaga project in Tanzania that ASX-listed junior OreCorp Ltd is farming into after striking a deal with African gold miner Acacia Mining.

'X' marks the spot ... Nyanzaga features 27 contiguous prospecting licences covering 299km2 in north-west Tanzania

'X' marks the spot ... Nyanzaga features 27 contiguous prospecting licences covering 299km2 in north-west Tanzania

Succinctly put, the possibility is that Nyanzaga is not the last deal the junior does with Acacia. Much though will hinge on how exactly Nyanzaga shapes up. The currently stated 4.2 million ounce resource...

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