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Yugo Metals Raises $3.5M to Drill First Gold Holes at Sinjakovo
8:39am on Friday 31st of October, 2025 AEDT
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Mining
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Yugo Metals Raises $3.5M to Drill First Gold Holes at Sinjakovo
8:39am on Friday 31st of October, 2025 AEDT
Key Points
Raised $3.5 million via placement at 16.67% discount
Planned 1,000m diamond drilling at Sinjakovo to start November 2025
Ongoing community consultations and government talks for Petrovo license
Quarterly exploration spend of $119,000 with $0.6 million cash on hand
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