NGM Resources to Explore for Nickel in Madagascaradmin
NGM Resources has announced that it has signed an agreement with BHP Billiton, to acquire four nickel exploration projects, amounting to over 5,000sqkm of prospective tenements in Madagascar. The company has also announced that it is awaiting the results of recent drilling of a significant geophysical anomaly at Analalava. Finally, NGM has announced that it will for a JV with M3 Madagascar, a privately owned company, to help fund a US$1m nickel exploration program in Madagascar.
Original Announcement: To Explore for Nickel in Madagascar