Alicanto drilling two projects in Guyana

Barrick Gold (CN:ABX) is about half way through its spending commitment to earn a 65% interest in the Arakaka project in Guyana, managing director Travis Schwertfeger of joint venture partner Alicanto Minerals (AU:AQI) told Mining Journal at the Precious Metals Summit in Beaver Creek, Colorado.

Field visit at Arakaka in Ghana

24 September 2017
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Barrick has to spend US$8 million on exploration and then make a US$2 million payment to Alicanto to earn its interest.

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