A British firm, Panthera Resources Plc, has announced that its associated company, Moydow Holdings Limited (Moydow), has commenced drilling at its Paimasa Project in Nigeria.

The diversified gold exploration and development company with assets in West Africa and India, said the drilling commenced through Moydow’s joint venture company, Gurara Holdings Limited (Gurara).

The company made the announcement in a disclosure sent to the London Stock Exchange.

It explained that the Paimasa Project is located in central Nigeria, approximately 115km north-northwest of the capital city Abuja.

Usman Umar reports from Abuja.