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Canada-based company Legend Gold has revealed that it is held in advanced stage negotiations as it looks to acquire several exploration-stage properties located in Mali from Endeavour Mining.

Legend Gold also said that it intends to acquire Corado Resources, a private Canadian company exploring in the Republic of Congo.

The portfolio being acquired from Endeavour includes 10 exploration licenses and one permit application in Mali which range from early to advanced stage gold properties.

Meanwhile, the portfolio being acquired from Corado includes two licenses and one application in the Republic of Congo prospective for high-grade base/precious metals with drill ready targets which will be subject to a joint venture with a third party; and one application covering a laterite banded manganese target.

Legend Gold has been exploring for gold in Mali since 2002 and has three projects with active exploration programs.

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