Mineweb, South Africa
Nicaragua may well generate "the largest gold endowment in Central America says Meridian Gold President and CEO Brian Kennedy.
On Thursday at the Informed Investors Forum Kennedy praised Nicaragua's "upside potential', sayingbhe believes "huge potential" exists at Radius Gold's El Pavon project, located in central Nicaragua. In a joint venture, Meridian has agreed to make at least US$3,500,000 in exploration expenditures over the first two years of the agreement with the objective of establishing a resource of at least 1,000,000 ounces that can subsequently be developed into a mineable reserve.
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