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AngloGold earning into Argentinian exploration portfolio

JSE-listed gold major AngloGold Ashanti is nutting out a likely US$12.55 million deal with TSX-V-listed junior Latin metals that would see it earn up to 80% in the Organullo, Ana Maria, and Trigal gold projects in the Salta Province of north-western Argentina.

AngloGold earning into Argentinian exploration portfolio AngloGold earning into Argentinian exploration portfolio AngloGold earning into Argentinian exploration portfolio AngloGold earning into Argentinian exploration portfolio AngloGold earning into Argentinian exploration portfolio

Organullo is the most advanced of the asset trio into which AngloGold is earning

The letter of intent allows for a 90-day window to finalise terms, but the deal looks likely to centre on a US$2.