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How Truscott Mining Navigates $577K Raise Amid Drilling Hiatus

3:52pm on Friday 15th of August, 2025 AEST Mining
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How Truscott Mining Navigates $577K Raise Amid Drilling Hiatus

3:52pm on Friday 15th of August, 2025 AEST
Key Points
  • Raised $577,890 via non-renounceable rights issue
  • Exploration spend lower due to cost-cutting and discounting
  • Higher offer and working capital costs than initially estimated
  • Drilling paused since late 2022; preparatory work underway for future programs
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