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Flagship Minerals Raises $1.25M to Convert Pantanillo Gold Resource

1:16am on Monday 2nd of June, 2025 AEST Mining
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Flagship Minerals Raises $1.25M to Convert Pantanillo Gold Resource

1:16am on Monday 2nd of June, 2025 AEST
Key Points
  • A$1.25 million raised via share placement and convertible note conversions
  • Focus on converting 1.05Moz gold qualifying foreign estimate to JORC Mineral Resource
  • Funds allocated to drilling, core logging, metallurgical testwork, and environmental studies
  • Management and convertible note holders participated in the placement
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