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Sunshine Metals Eyes Near-Surface Gold Bonanza with Sybil Acquisition
1:38am on Monday 2nd of June, 2025 AEST
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Mining
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Sunshine Metals Eyes Near-Surface Gold Bonanza with Sybil Acquisition
1:38am on Monday 2nd of June, 2025 AEST
Key Points
Binding agreement to acquire Sybil Epithermal Gold Project for A$1.225 million
Sybil hosts high-grade, shallow gold mineralisation with historic drill intercepts up to 23.2g/t Au
Acquisition contingent on resource and production milestones with share-based payments
Sybil’s geology analogous to the nearby 4Moz Pajingo gold mine
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