Galore is exploration licence EPL 8735 covering 87.65 square kilometres adjacent to Zoya in Namibia's Alaskite Alley. The conditionally accepted option assignment would permit Vatic to earn an initial 80% through US$200,000 of cash and US$150,000 of shares, subject to licence-renewal confirmation, and potentially increase to 90% after feasibility work and additional consideration.
- Country
- Namibia
- Commodity
- U
- Stage
- Exploration