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AustChina Locks in High-Grade Gold-Antimony Projects in Tasmania Acquisition

5:39pm on Sunday 1st of June, 2025 AEST Mining
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AustChina Locks in High-Grade Gold-Antimony Projects in Tasmania Acquisition

5:39pm on Sunday 1st of June, 2025 AEST
Key Points
  • Binding agreement to acquire Penwortham Exploration Pty Ltd
  • Acquisition includes Sulphide Creek Gold-Antimony and Mersey VMS Base Metals projects
  • Historic high-grade antimony sample of 66.6% Sb at Rinadeena Prospect
  • Plans for maiden drilling within six months post-acquisition
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