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How Will GoldArc’s New JV with MMS Accelerate Leonora South Gold Production?

8:46am on Tuesday 28th of October, 2025 AEDT Mining
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How Will GoldArc’s New JV with MMS Accelerate Leonora South Gold Production?

8:46am on Tuesday 28th of October, 2025 AEDT
Key Points
  • Non-binding LOI signed with MMS for Leonora South joint venture
  • MMS to fund and manage development, sharing profits 50/50 after cost recovery
  • Drill-for-equity proposal caps equity issuance at $500,000 to conserve cash
  • Focus on commercialising Orion and Sapphire gold resources
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