Target Resources says acquires new 2-year licences in Sierra Leone

Date : 01/14/2008 @ 3:18AM
Source : TFN
Stock : Target Resources (TGT)
Quote : 3.0  0.0 (0.00%) @ 2:58AM
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Target Resources says acquires new 2-year licences in Sierra Leone

        LONDON (Thomson Financial) - Target Resources PLC said it acquired two new
exclusive prospecting licences both two-years in duration for gold, diamonds and
other minerals in Sierra Leone.
    Target also confirmed it is on schedule with its machinery acquisition
programme for its Kono licences.
    The first licence is for 520.45 sq km in the Tane and Gbonkolenken Chiefdoms
in the Tonkolili District of the Northern Province of Sierra Leone and the
second covers 253.57 sq km in the Faiyama Area, Nomo Chiefdom, Kenema District
in the eastern province of the country.
TFN.newsdesk@thomson.com
ssa/ejb

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