The second MOU entered into by Morumbi’s Seven Sisters Mining & Development Ltd subsidiary is with Baupana Resources Ltd (Landowner Company) covering the Atamo Prospect Area. The Mining & Development agreement establishes Morumbi as the Development Partner of choice for Baunapa Resources Ltd and covers an area of approximately 18,000 ha including the Atamo prospect identified by Prospect Report as an "explosion caldera" that warranted further investigation. Some exploration work, unauthorized by landowners, was carried out in Atamo prior to 1967 including some preliminary
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