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Amarillo to raise US$100-120M to build Posse

Amarillo Gold hopes to close US$100-120 million in debt financing early in the second quarter to build its Posse project on its Mara Rosa property in Goais, Brazil, president and CEO Mike Mutchler has told Mining Journal.

Amarillo to raise US$100-120M to build Posse Amarillo to raise US$100-120M to build Posse Amarillo to raise US$100-120M to build Posse Amarillo to raise US$100-120M to build Posse Amarillo to raise US$100-120M to build Posse

Amarillo Gold's Mara Rose project in Goais, Brazil

The company recently received a licence to install from the local regulator, the last major permit it required to be able to start construction.