Ormonde has signed a joint venture agreement with Spanish company Nueva Tharsis SL on the La Zarza gold-copper deposit in the Iberian Pyrite Belt of southern Spain.
Managing Director Kerr Anderson, who has 10 years of experience managing projects in the Iberian Pyrite Belt from grass-roots exploration to major acquisitions, commented: “The La Zarza Joint Venture is a huge step forward for Ormonde, the addition of this major gold-copper resource at good grade being an extremely significant development for a company of Ormonde’s size.”