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Norwest Minerals Raises $4.85M to Unlock Bulgera Gold Potential Amid Surging Prices

4:55am on Monday 2nd of June, 2025 AEST Mining
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Norwest Minerals Raises $4.85M to Unlock Bulgera Gold Potential Amid Surging Prices

4:55am on Monday 2nd of June, 2025 AEST
Key Points
  • 1-for-1 entitlement offer to raise $4.85 million, $3 million underwritten
  • Bulgera Gold project holds 217,600 oz gold at 1.07 g/t, with potential for significant resource growth
  • New Mining Lease granted covering 2,435 hectares including historic mining centre
  • Investigation into economic potential of 2.2 million tonnes of low-grade gold stockpiles
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