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How Will Asra’s Full Control of Mt Cutmore Transform Its Leonora Gold Strategy?

2:37am on Monday 2nd of June, 2025 AEST Mining
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How Will Asra’s Full Control of Mt Cutmore Transform Its Leonora Gold Strategy?

2:37am on Monday 2nd of June, 2025 AEST
Key Points
  • Binding term sheet to acquire remaining 49% of Mt Cutmore
  • Transaction includes $200,000 cash and 75 million shares
  • Project hosts 152,000 ounces of JORC-compliant gold resource
  • Acquisition strengthens Asra’s position in Leonora gold district
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