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Aurumin Partners with Newcam in $4M Gold JV, Sells Sandstone Non-Gold Rights for $1M
2:13am on Monday 2nd of June, 2025 AEST
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Aurumin Partners with Newcam in $4M Gold JV, Sells Sandstone Non-Gold Rights for $1M
2:13am on Monday 2nd of June, 2025 AEST
Key Points
Newcam to earn up to 50% interest in Johnson Range and Mt Dimer gold projects via $4M staged expenditure
Aurumin may elect to be free-carried to net profit during joint venture operations
$1M cash injection from sale of non-gold mineral rights at Sandstone
Newcam to manage exploration and development during earn-in period
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