Precious Metals
Posted By OrePulse
Published: 08 Jul, 2025 07:34
Traka warns its stake in Guinea project at risk
Traka says it does not accept that Alamako has any legal or contractual basis to terminate the agreement and is currently reviewing its rights and options in light of the correspondence received.
It adds that it has made a financial contribution of $200 000 under the terms of the agreement and has at all times acted in good faith.
Traka says it will continue to assess the situation.
As reported by Mining Weekly on April 22, Traka had signed an exclusive agreement with Guinea-based Alamako Corporation International to earn a 75% interest in the Didi gold project, which is highly prospective for gold.
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