Commissioners Gold Limited (CGU) is rapidly advancing its Peruvian footprint with the acquisition of gold projects in southern Peru. The acquisitions are a strategic milestone in the Company’s plan to develop high grade, low tonnage satellite mining projects around the gold processing plant.
The 50/50 JV with Australia Gold Corporation Limited (AGC), referred to as the CGU-AGC JV, has acquired rights to two prospective mining projects in southern Peru, named Saulito and Eladium, within transport proximity to the Mollehuaca Processing Plant (CGU 25%).
The JV is currently being incorporated into a new operating vehicle based in Peru.
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