Luiri Gold Limited (ASX:LGM) has let lapse an agreement to acquire an interest in an antimony and gold project, located in Georgia.
The Zopkhito Project was found to have passed due diligence, but did not warrant the additional equity capital required.
This decision was made to focus on the development of its Dunrobin and Matala gold projects in Zambia.
Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.