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Alicanto Minerals agrees deal to sell its Arakaka gold project

Alicanto Minerals agrees deal to sell its Arakaka gold project

Alicanto Minerals Ltd's (ASX:AQI) Peter George caught up with Proactive's Andrew Scott following the news they've entered a sale agreement with Virgin Gold Corporation to sell its Arakaka gold project in Guyana for cash and shares with a total value of up to C$4.75 million. He says the sale will allow them to focus their financial and human resources on the 20,000 metre drilling campaign currently underway at the Greater Falun and Sala projects in Sweden.