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GWR Advances Prospect Ridge Drilling, Secures $2.53M Wiluna Royalty, Eyes WA Acquisition
5:56am on Monday 2nd of June, 2025 AEST
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Mining
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GWR Advances Prospect Ridge Drilling, Secures $2.53M Wiluna Royalty, Eyes WA Acquisition
5:56am on Monday 2nd of June, 2025 AEST
Key Points
Received $2.53 million royalty from Wiluna Iron Ore Project
Completed phase two drilling at Prospect Ridge; assay results pending
Amended Wiluna royalty rates effective April 2025 to reflect iron ore prices
Holds $39.6 million cash and $15.98 million in Tungsten Mining NL shares
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