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Why EV Resources Sold Khartoum Project for $700K Plus Royalty

10:21am on Tuesday 7th of October, 2025 AEDT Mining
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Why EV Resources Sold Khartoum Project for $700K Plus Royalty

10:21am on Tuesday 7th of October, 2025 AEDT
Key Points
  • Binding sale agreement executed with Koba Resources
  • $700,000 cash consideration plus 1% net smelter return royalty
  • Transaction subject to Queensland ministerial approval
  • Sale streamlines EVR’s portfolio and reduces expenditure
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