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BRIEF-Columbus gold enters into formal JV with Nordgold to develop Montagne D'or gold deposit in French Guiana
September 26, 2017 / 12:43 PM / 3 months ago

BRIEF-Columbus gold enters into formal JV with Nordgold to develop Montagne D'or gold deposit in French Guiana

Sept 26 (Reuters) - Columbus Gold Corp

* Columbus Gold enters into formal JV with Nordgold to develop the Montagne D‘or gold deposit in French Guiana

* Columbus Gold Corp - Columbus Gold retains a 44.99% interest, and nordgold a 55.01% interest in Compagnie Minière Montagne D‘or

* Columbus Gold Corp - ‍Columbus Gold appointed two nominees, and Nordgold appointed three nominees, to five-person board of directors of JV company​

* Columbus Gold-under terms of agreement, Nordgold is operator

* Columbus Gold Corp - will not be required to spend at Montagne D‘or until such time as board of JV company decides to construct mine Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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