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Pearl Gull Iron Advances Cockatoo Island Plans Despite Wet Season Constraints

3:56am on Monday 2nd of June, 2025 AEST Mining
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Pearl Gull Iron Advances Cockatoo Island Plans Despite Wet Season Constraints

3:56am on Monday 2nd of June, 2025 AEST
Key Points
  • Exploration limited by wet season; focus on strategic planning with ERM Sustainable Mining
  • Maiden Inferred Mineral Resource confirmed at Magazine deposit; Switch Pit remains an Exploration Target
  • Environmental and safety inspections conducted; ongoing care and maintenance on Cockatoo Island
  • Cash balance decreased to $185k; $8k spent on exploration, $50k paid to related parties
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