| Risk and valuation analysis of the MIGORI GOLD Project |
| Status Risk : Early discovery |
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| Title(s) of the MIGORI GOLD Project |
 | Kansai Mining Corporation
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Red Rock Resources plc
Option on interest: 60% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Red Rock signed an agreement in July 2009 with Kansai mining corporation. Red Rock can acquire up to 60% of Mid-Migori Mining Company, the Kansai subsidiary set up to develop the project and which owns the beneficial title and mining rights of the tenements. |
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| Location of the MIGORI GOLD Project |
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The project consists of Special Prospecting Licences (SPL’s) 122 and 202 covering 310.5 square kilometers of the Migori Greenstone Belt within the Migori District, Nyanza Region in south-western Kenya, on the eastern shores of Lake Victoria.
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| History of the MIGORI GOLD Project |
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Gold mining by Europeans in the Migori area began in the 1910’s and continued into the 1930’s. By the mid 1930’s Falcon Bridge Africa had discovered the Macalder copper, zinc, gold, silver mine in the northern part of the concession. This VMS deposit more...
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