Polymetals Resources Ltd (ASX:POL)
Polymetals Resources Ltd (ASX:POL) is a mining and exploration company created to acquire and then explore and develop gold projects in Guinea, West Africa.
Polymetals Resources has acquired Golden Guinea Resources SARL which owns two exploration licences within the Siguiri Basin in Guinea, West Africa. The Siguiri Basin occupies the north-eastern corner of Guinea and hosts several large active gold mining operations and is notable for its widespread gold anomalism.
Board and Management have a practical approach to the mining industry and are optimistic that its licences may support the establishment of a large long-term gold mine.