PR Global Mining S.A.R.L, part of the PR Global group, has acquired the Ambilona Gold Prospect license covering ana area of 18.75 Sq. km. The prospect is within the famous Ambositra gold district of Madagascar and has both hard rock, Eluvial and alluvial deposits. “Madagascar’s primary gold deposits are mesothermal “lode” quartz-hosted type, and hosted in Proterozoic or, more frequently, Archean terrains. and this prospect has potential to be one of the low cost producing gold mines in the future” Project Head Mr. Santhosh Kumar quoted.