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Beacon Minerals Moves to Acquire Historic Wealth of Nations Gold Tenements
1:35am on Monday 2nd of June, 2025 AEST
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Mining
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Beacon Minerals Moves to Acquire Historic Wealth of Nations Gold Tenements
1:35am on Monday 2nd of June, 2025 AEST
Key Points
Option agreement executed to acquire 100% interest in Wealth of Nations tenements
Seven-hole drilling program planned to commence June 2025
Acquisition includes $100,000 option fee and $1.4 million settlement payment
4% net smelter royalty payable to Corinthian after 7,000 ounces of gold production
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