Ormonde acquires new gold properties

Ormonde Mining has acquired several advanced gold properties in the Salamanca area of western Spain, the company said today.

These include deposits where sampling by previous workers has demonstrated potential for high-grade zones within large lower grade gold resources, and several high-grade gold prospects where there has been no or only limited follow-up exploration, Ormonde said in a statement.

Ormonde and joint venture partner Prehenita have been awarded three permit areas following a public tender process, and have secured two further contiguous permits in joint venture with SIEMCALSA.