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Santana Minerals Secures Key Ardgour Land for $25M, Boosting Bendigo-Ophir Project
9:04am on Wednesday 2nd of July, 2025 AEST
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Mining
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Santana Minerals Secures Key Ardgour Land for $25M, Boosting Bendigo-Ophir Project
9:04am on Wednesday 2nd of July, 2025 AEST
Key Points
Binding agreement to acquire 2,880 hectares of Ardgour Station land
NZ$25 million total acquisition, including NZ$5 million in Santana shares
Nullification of 1% gross production royalty on half of key orebody
Transaction subject to Overseas Investment Office and Fast Track Approvals Act consents
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SANTANA MINERALS (ASX:SMI)
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