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How Will NMR’s New JV with Haoma Unlock Ravenswood’s Gold Potential?

8:37am on Tuesday 2nd of December, 2025 AEDT Mining
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How Will NMR’s New JV with Haoma Unlock Ravenswood’s Gold Potential?

8:37am on Tuesday 2nd of December, 2025 AEDT
Key Points
  • Binding term sheet signed for unincorporated joint venture
  • Ravenswood JV covers six mining leases with ~86,000 ounces of JORC 2004-compliant gold resources
  • NMR funds all operational costs and manages ore processing at Blackjack Plant
  • Profits shared equally after cost recovery and management fee
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