BofA update shows where active managers are putting money
CALGARY, AB - Karbon-X Corp. (OTCQB:KARX), a company specializing in carbon management solutions, has announced a partnership with Zodiac Gold Inc. (TSXV:ZAU), a gold exploration firm operating in West Africa. The collaboration is aimed at integrating carbon offsets into Zodiac Gold’s exploration activities in the region, with a focus on sustainable economic growth and environmental conservation.
The partnership will see Karbon-X assisting Zodiac Gold in quantifying and managing its carbon emissions, as well as implementing offsetting strategies. This initiative is part of Zodiac Gold’s commitment to achieving net-zero emissions in its operations. David Kol, CEO of Zodiac Gold, emphasized the importance of sustainability in mining, stating that the company’s goal is to demonstrate that exploration and environmental stewardship can coexist.
Chad Clovis, CEO of Karbon-X, highlighted the significance of the partnership, noting that it sets a precedent for responsible resource development from the onset. Karbon-X’s role will be to ensure that Zodiac Gold’s district-scale gold exploration near Monrovia is conducted with a strong emphasis on environmental responsibility.
Zodiac Gold’s Todi Project in Liberia is positioned as a district-scale gold exploration opportunity with additional iron ore potential. The project boasts proximity to the capital city of Monrovia, which provides access to existing infrastructure and year-round accessibility. The area has shown high-grade mineralization, with several drill-ready targets along a 20km gold corridor.
The partnership with Karbon-X is expected to enhance Zodiac Gold’s exploration efforts by ensuring that carbon emissions are accurately measured and offset, reflecting a growing trend in the mining industry towards sustainable practices. This news is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.