Gurara JV
Nigeria (DFR 25.5% interest)
Prospective frontier stage gold projects in an unexplored province (Benin-Nigeria Shield)
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Four licences in two projects areas (Dagma and Paimasa) lie at southern end of Kushaka belt
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Initial sampling and drilling has highlighted multiple gold-bearing vein systems
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DFR holds an indirect interest of 25.5% with an option to earn up to a 32.5% indirect interest. Operated by Panthera Resources Plc which owns an equal indirect interest
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Strong local operating partner in PW Nigeria Ltd
