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Algold Resources receives 30-year mining license for Tijirit project

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Algold Resources receives 30-year mining license for Tijirit project

Algold Resources Ltd. said Aug. 15 that a formal decree granting a 30-year mining license for its Tijirit gold property in Mauritania has been issued.

The Mauritanian Ministry of Oil, Energy and Mines gave consent for the license in June, and in July, Algold signed a strategic agreement with its Mauritania-based business partner for a locally recognized partnership that will pursue its exploration and development efforts in the country.