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

8:06pm 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

8:06pm on Friday 30th of January, 2026 AEDT
Key Points
  • Binding joint venture term sheet signed with Alkane Resources
  • Alkane to earn up to 80% interest via $27.5 million staged expenditure
  • Alkane subscribes $2.5 million in Nagambie shares at a 50% premium
  • Potential ore processing at Alkane’s Costerfield plant to reduce capital costs
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