Guyana Frontier Mining Corporation has bought out Infinito Gold Limited’s mining concessions here which include the large-scale alluvial gold mining project at Marudi in Region Nine.
In a press release, Infinito Gold said that the two companies have closed the transactions contemplated by the definitive purchase and sale agreement executed by the parties on December 22, 2010. Under the terms of the agreement, Guyana Frontier (formerly Shoreham Resources Ltd) has acquired 100%