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Nex Metals Seizes Control of Egypt’s Untapped North Hennai Gold Project
9:00am on Monday 22nd of September, 2025 AEST
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Mining
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Nex Metals Seizes Control of Egypt’s Untapped North Hennai Gold Project
9:00am on Monday 22nd of September, 2025 AEST
Key Points
Binding Heads of Agreement signed for Nex Metals to operate North Hennai gold project
Nex Metals to fund 100% of costs and receive 44% profit share post-cost recovery
North Hennai currently small-scale production with significant upside from process improvements
Technical Assistance agreement established with local partner Golden Eagle
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