Deccan Gold Mines (DGML) has entered into a Consultancy Agreement with HFM Global for providing gold exploration consultancy services to its Kufra Gold Project in Libya. HFM is a company engaged in gold trading and based in Dubai. The work involves greenfield exploration to setting up the gold mining and processing units, if an economically viable deposit is discovered. The first phase of work program has been finalized which will be for a period of 30 days and DGML’s team will be visiting Libya during June, 2022 to undertake the work program.
Deccan Gold Mines (DGML) is the first private sector gold exploration company in India. The company has a large portfolio of exploration prospects in the states of Karnataka, Andhra Pradesh, Kerala and Rajasthan.
