China Aluminium Network
Bellzone, Anglo Aluminum ink Guinea infrastructure agreements
Edited by : AL CIRCLE
1 min read
A memorandum of understanding signed between Aim-listed Bellzone and TSX-V-listed Anglo Aluminum Corporation would accelerate the development of resource projects in Guinea, Bellzone CEO Nik Zuks said on Monday.
The infrastructure will be developed through Kalia Horizon Minerals (KHM), a CIF subsidiary, in which Bellzone has a 10% carrying interest.
Anglo Aluminum CEO Jim Gillis said with infrastructure agreements in place, the development of bauxite mining at Mamou Dalaba was a step closer to being realised.
Anglo Aluminum has conducted Aster image analysis and preliminary exploration drilling at Mamou Dalaba, in the south of Guinea, which has the potential to host large bauxite deposits. The company is also planning additional resource drilling in early 2012.
The infrastructure will be developed through Kalia Horizon Minerals (KHM), a CIF subsidiary, in which Bellzone has a 10% carrying interest.
Anglo Aluminum CEO Jim Gillis said with infrastructure agreements in place, the development of bauxite mining at Mamou Dalaba was a step closer to being realised.
Anglo Aluminum has conducted Aster image analysis and preliminary exploration drilling at Mamou Dalaba, in the south of Guinea, which has the potential to host large bauxite deposits. The company is also planning additional resource drilling in early 2012.
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