Ardent Mines Ltd. (ADNT.OB) Acquires Mineral Rights in Tanzania
Ardent Mines Ltd. reported that the company has signed an agreement to explore and develop gold resources at a project in Africa. The company did not disclose the price paid for the mineral rights. The agreement permits Ardent Mines Limited to explore for gold on the Shenda License, a ten square mile property located in Tanzania. The company estimates possible gold resources at between 500,000 and 1,000,000 ounces. Ardent Mines Limited signed the agreement with Afrocan Resources Ltd., a Canadian mining company, and owner of the Capri General Trading Company Ltd. Ardent Mines Limited will acquire 100% of Capri General…