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How Alicanto Plans to Unlock 0.9Moz Gold at Mt Henry with $28M Backing

5:06pm on Friday 19th of December, 2025 AEDT Mining
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How Alicanto Plans to Unlock 0.9Moz Gold at Mt Henry with $28M Backing

5:06pm on Friday 19th of December, 2025 AEDT
Key Points
  • Acquisition of 100% Mt Henry Gold Project from Westgold for $15M cash plus shares and performance rights
  • Project hosts 0.9Moz gold resource along a 16km mineralised corridor with significant growth potential
  • Immediate commencement of a 50,000m multi-rig drilling program to expand resources
  • Westgold to become a 19.9% Alicanto shareholder, aligning interests
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