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Paterson Resources Advances Grace Gold-Copper Drilling, Raises $752k in Rights Issue

1:26pm on Friday 30th of January, 2026 AEDT Mining
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Paterson Resources Advances Grace Gold-Copper Drilling, Raises $752k in Rights Issue

1:26pm on Friday 30th of January, 2026 AEDT
Key Points
  • Phase I of 8,500m drilling campaign completed with 18 holes
  • Rights issue raised $752k, issuing 41.8 million new shares and options
  • Assay results pending, with Indicated Mineral Resource Estimate targeted for 1H 2026
  • Corporate updates include director placements, performance rights issuance, and chairman change
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