middle.news
GoldArc Secures Fully Funded $20M Development Deal to Unlock Leonora South Gold Production
8:28am on Thursday 16th of April, 2026 AEST
•
Mining
Read Story
GoldArc Secures Fully Funded $20M Development Deal to Unlock Leonora South Gold Production
8:28am on Thursday 16th of April, 2026 AEST
Key Points
MMS to fund up to A$20 million development costs, recoverable only from project proceeds
No upfront capital or shareholder dilution required for GoldArc
50:50 profit split after cost recovery via a special purpose vehicle
7.5 million options issued to MMS to align incentives
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Goldarc Resources (ASX:GA8)
OPEN ARTICLE