middle.news

MGX Resources Agrees $20.2 Million Koolan Island Sale with Revenue Share Upside

9:09am on Thursday 11th of June, 2026 AEST Mining
Read Story

MGX Resources Agrees $20.2 Million Koolan Island Sale with Revenue Share Upside

9:09am on Thursday 11th of June, 2026 AEST
Key Points
  • Sale of Koolan Island operation for $20.2 million plus revenue share
  • Crestlink to assume $30 million rehabilitation obligations
  • MGX pivots to Central Tanami Gold Project development
  • Completion targeted late 2026, subject to FIRB and ACCC approvals
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Mgx Resources (ASX:MGX)
OPEN ARTICLE