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How LCL Resources’ $10M Colombian Sale and PNG Gold Find Could Reshape Its Future
4:52am on Monday 2nd of June, 2025 AEST
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Mining
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How LCL Resources’ $10M Colombian Sale and PNG Gold Find Could Reshape Its Future
4:52am on Monday 2nd of June, 2025 AEST
Key Points
Binding Share Purchase Option Agreement signed with Tiger Gold for Colombian assets
A$10 million cash consideration plus 1% net smelter royalty to LCL
Maiden JORC Mineral Resource Estimate of 831koz gold at Kusi Gold Project, PNG
Follow-up trenching at Dada project confirms extensive gold-copper porphyry system
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