Barrick's Bulyanhulu Acquires Highly Prospective Licences in Tanzania
All amounts expressed in US dollars unless stated otherwise DAR ES SALAAM, Tanzania, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Twiga Minerals Corporation ("Twiga"), a joint venture between Barrick and the Government of Tanzania, has announced the acquisition of new prospecting licences in Tanzania by Bulyanhulu Gold Mine Limited ("Bulyanhulu"), a subsidiary of Barrick. Bulyanhulu has entered into a binding agreement with Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick"), Tembo Gold Corp. ("Tembo"), the Mineral Industry Promotion and Consulting Company Limited ("MIPCCL"), a wholly-owned subsidiary of Tembo, dated December 7, 2021 (the "Purchase Agreement") in respect of the acquisition of
