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MGX Advances Central Tanami Gold Development While Selling Koolan Island Operation

8:24am on Monday 20th of July, 2026 AEST Mining
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MGX Advances Central Tanami Gold Development While Selling Koolan Island Operation

8:24am on Monday 20th of July, 2026 AEST
Key Points
  • Groundrush underground decline work set to start September
  • Resource drilling restarts at Jims deposit with 13,100m planned
  • Koolan Island low-grade shipments generate $5.8 million net cashflow
  • Binding sale agreement with Crestlink for Koolan Island operation
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