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Nagambie and Alkane Forge $27.5M Joint Venture to Unlock Antimony-Gold Potential

9:23am on Friday 30th of January, 2026 AEDT Mining
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Nagambie and Alkane Forge $27.5M Joint Venture to Unlock Antimony-Gold Potential

9:23am on Friday 30th of January, 2026 AEDT
Key Points
  • Binding Term Sheet signed for earn-in joint venture over Nagambie’s MIN 5412 and EL 5511
  • Alkane to invest up to $27.5 million to earn up to 80% interest, with Nagambie retaining 20%
  • Alkane to subscribe for $2.5 million in Nagambie shares, becoming a 13.6% shareholder
  • Joint venture to utilise Alkane’s Costerfield processing plant and mining equipment
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