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Midas Minerals Secures High-Grade Otavi Project, Sets Drilling for Q3 2025
2:22am on Monday 2nd of June, 2025 AEST
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Midas Minerals Secures High-Grade Otavi Project, Sets Drilling for Q3 2025
2:22am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of 100% interest in 1,776 km2 Otavi Project from Nexa Resources
Historic high-grade copper, silver, and gold intercepts highlight project potential
Milestone payments totaling US$11 million with royalty buy-back option
Drilling planned to start in Q3 2025 for resource definition and exploration
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Midas Minerals (ASX:MM1)
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