middle.news

Scorpion Minerals Secures 70% Stake in Jungar Flats, Drilling to Start Soon

7:55am on Monday 2nd of June, 2025 AEST Mining
Read Story

Scorpion Minerals Secures 70% Stake in Jungar Flats, Drilling to Start Soon

7:55am on Monday 2nd of June, 2025 AEST
Key Points
  • Farm-in/JV agreement with E79 Gold Mines to acquire up to 70% of Jungar Flats Project
  • Murchison landholding expanded to 1,600 km², largest along Big Bell-Dalgaranga shear corridor
  • Placement raised $1.5 million at a 33% premium to fund exploration and JV consideration
  • Imminent RC drilling planned on multiple high-grade gold targets with historic strong intercepts
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about SCN
OPEN ARTICLE