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Bullboard - Stock Discussion Forum ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."

TSX:EGZ - Post Discussion

ENERGIZER RESOURCES INC > Interesting
View:
Post by riverrock on Aug 22, 2016 11:03pm

Interesting

Malagasy Minerals changed its name to Capricorn Minerals Ltd around February of 2016

 

https://www.businessnews.com.au/article/Malagasy-buys-gold-project

 

Here's some other data

 

Capricorn Metals Limited is a gold explorer and developer, based in Perth, Western Australia. The Company’s exploration and real estate assets held in Madagascar are to be divested, with all funds directed towards gold exploration at Karlawinda. The Karlawinda Project includes is located approximately 65kilometres south of Newman in the Pilbara mining province in Western Australia. The Karlawinda Project includes the Bibra gold deposit and numerous outstanding exploration targets, including the advanced Francopan gold prospect, within an under-explored 290 square kilometer tenement package. The Bibra deposit has a JORC 2012 inferred resource of 18 million tons at the rate 1.1g/t Au for 650,800oz Au contained within an optimized pit design at A$1600/ounce gold price. On February 2016, the Company completed the acquisition of the Karlawinda Gold Project in Western Australia.

 

I wonder who will buy their Madagascar Properties?

Comment by StoogeNo4 on Aug 23, 2016 10:15am
Great find.  Very interesting, indeed.  The meaning of this is a double-edged sword until we have further information. I would be very upset if managment was to initiate takeover of Malagsy's Madagascar assets without a mining permit in hand.
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