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Santana Minerals Secures Land and A$63M to Drive Bendigo-Ophir Gold Project Forward

12:12pm on Friday 31st of October, 2025 AEDT Mining
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Santana Minerals Secures Land and A$63M to Drive Bendigo-Ophir Gold Project Forward

12:12pm on Friday 31st of October, 2025 AEDT
Key Points
  • Updated Pre-Feasibility Study boosts project NPV to A$2.05 billion at current gold prices
  • Binding agreements to acquire 3,769 hectares of freehold land, extinguishing royalties
  • A$63 million capital raise completed to fund land purchases and early construction works
  • High-grade gold mineralisation extended through ongoing drilling at Rise & Shine deposit
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