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

10:09am on Tuesday 4th of February, 2025 AEDT Mining
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AustChina Locks in High-Grade Gold-Antimony Projects in Tasmania Acquisition

10:09am on Tuesday 4th of February, 2025 AEDT
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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