The Equator Gold group of companies is prospecting for gold in South Sudan.
The parent company of the Group is Equator Gold Holdings Limited, incorporated as a public company in Jersey.
Founded in England in April 2011, Equator Gold underwent a corporate reorganisation in June 2013 and the English companies are now wholly-owned technical services companies of the Group.
The principal shareholders are Richmond Partners Master Limited and Exploration Capital Partners (a fund of Sprott Asset Management), together with the Group’s founders and their friends and family.
In May 2011, Equator Gold signed an earn-in agreement with South Sudanese company Consolidated Mineral & Energy Resources Investment Co Ltd. (CMERIC), under which the Group earned a 65% interest in 2013 and is currently earning up to 85% in the Upper Luri exploration licence by conducting and funding exploration. A new licence was granted in June 2015 under the new Mining Act. Around the same time, Equator signed an equity earn-in agreement with Spear Mining Limited for the Wudabi licence and acquired a 49% equity interest in the kajokeji licence hald by New Kush Exploration and Mining Ltd.