An Austarialian mining company, Namibian Copper (ASX: NCO), has acquired two prime, advanced stage exploration projects that include Mogoraib River / Hambok project and Kerkebet Exploration Licences .
Mogoraib River is located immediately along strike and to the south of the Bisha gold and copper mine. Kerkebet River contains a new high grade gold discovery at Aradaib and is located along strike to the north of Bisha. Bisha is operated by Nevsun (TSX: NSU), is capitalized at C$779 million and is the largest mining project in Eritrea. Continue reading Namibian Copper Acquires two Advanced Stage Exploration Projects in Eritrea