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Great Divide Mining Advances to Producer Status with Adelong Farm-In and $2.05M Raise
5:28am on Monday 2nd of June, 2025 AEST
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Mining
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Great Divide Mining Advances to Producer Status with Adelong Farm-In and $2.05M Raise
5:28am on Monday 2nd of June, 2025 AEST
Key Points
Completed farm-in agreement for initial 15% stake in Adelong Gold Project
Plan to increase ownership to 51% upon first gold pour at Challenger Mine
Farmed out Coonambula Project to Dart Mining NL with staged ownership transfer
Raised $2.05 million via placement to fund production and exploration
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