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GoldArc Secures Equity-Backed Drilling Deal to Boost Leonora South Exploration
8:18am on Friday 27th of February, 2026 AEDT
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Mining
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GoldArc Secures Equity-Backed Drilling Deal to Boost Leonora South Exploration
8:18am on Friday 27th of February, 2026 AEDT
Key Points
Engagement of MMS for over 6,000m Reverse Circulation drilling at Leonora South
Drill-for-equity arrangement allows payment of up to A$750,000 in GoldArc shares
Shareholder approval required for equity issuance with a capped share price
Drilling targets five high-priority prospects including Orion and Sapphire
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