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How Forrestania’s Full Mt Palmer Acquisition Could Accelerate Gold Production
8:28am on Monday 2nd of February, 2026 AEDT
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Mining
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How Forrestania’s Full Mt Palmer Acquisition Could Accelerate Gold Production
8:28am on Monday 2nd of February, 2026 AEDT
Key Points
Acquisition of 100% shares in Aurumin Mt Palmer, Johnson Range, and Mt Dimer subsidiaries
Issuance of approximately 50.9 million shares to Newcam Minerals valued at $24.16 million
Consolidation of Forrestania’s strategic footprint in Southern Cross and Mt Dimer gold hubs
Milestone payments linked to future resource estimate increases
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