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Neometals and BML Ventures Ink LOI to Unlock Ironclad Gold Potential
8:25am on Thursday 11th of December, 2025 AEDT
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Mining
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Neometals and BML Ventures Ink LOI to Unlock Ironclad Gold Potential
8:25am on Thursday 11th of December, 2025 AEDT
Key Points
Non-binding LOI signed with BML Ventures for Ironclad Gold Deposit JV
Ironclad hosts ~250,000 tonnes at 1.6 g/t gold, ~13,000 ounces inferred resource
BML Ventures to fund and manage mining and haulage operations
Profit sharing set at 50, 50 after cost recovery
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