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Barrick Gold Corp Announces Ontario Superior Court Ruling In El Morro Case


Tuesday, 26 Jun 2012 09:43pm EDT 

Barrick Gold Corp announced that the Ontario Superior Court of Justice issued its ruling on June 26, 2012, with respect to the El Morro mining project, finding against the position of Barrick Gold Corp. Barrick continues to believe that New Gold Inc. improperly exercised its right of first refusal, unlawfully interfering with the Company's right to acquire a 70% interest in the El Morro mining project from Xstrata Copper Chile S.A. Barrick will review the Court's ruling in detail and will consider its options, including a possible appeal in this case.