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Why Flagship Minerals Is Abandoning Lithium for a 1.05Moz Gold Prize

8:44am on Tuesday 24th of June, 2025 AEST Mining
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Why Flagship Minerals Is Abandoning Lithium for a 1.05Moz Gold Prize

8:44am on Tuesday 24th of June, 2025 AEST
Key Points
  • Flagship abandons Tama Atacama Lithium Project option agreements
  • Lithium market oversupply drives strategic pivot to gold
  • Pantanillo Gold Project hosts 47.4Mt at 0.69g/t Au for 1.05Moz gold resource
  • Disciplined capital management preserves company’s financial health
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