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Albion Resources Sells Mongers Lake Project to Capricorn Metals for A$1.5M Plus Milestones
9:05am on Thursday 31st of July, 2025 AEST
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Mining
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Albion Resources Sells Mongers Lake Project to Capricorn Metals for A$1.5M Plus Milestones
9:05am on Thursday 31st of July, 2025 AEST
Key Points
Binding agreement for Mongers Lake Project sale to Capricorn Metals
Upfront consideration of A$1.5 million including non-refundable deposit
Contingent milestone payments up to A$1.5 million based on resource and mining milestones
Albion to focus on Yandal West Gold Project with recent high-grade drill results
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Albion Resources (ASX:ALB)
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