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Ragusa Secures Controlling Stake in Strategic US Manganese-Gold Project

8:18am on Thursday 30th of October, 2025 AEDT Mining
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Ragusa Secures Controlling Stake in Strategic US Manganese-Gold Project

8:18am on Thursday 30th of October, 2025 AEDT
Key Points
  • Binding Heads of Agreement to acquire 60.09% of Pegasus Tel Inc.
  • Purple Pansy Project located in Arizona’s strategic manganese district
  • Manganese classified as a US critical mineral with no domestic production
  • Strong federal support and proximity to major battery manufacturing hubs
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