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Reach Resources Secures Fully Funded Mining Deal and Boosts Blue Heaven Resource
8:58am on Friday 24th of July, 2026 AEST
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Mining
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Reach Resources Secures Fully Funded Mining Deal and Boosts Blue Heaven Resource
8:58am on Friday 24th of July, 2026 AEST
Key Points
Binding option agreement with Andel for Right to Mine and Milling
Blue Heaven resource increased 30% to 80,000 oz at 3.0g/t Au
Received $6.05 million funding including $2 million option fee
Divested non-core lithium assets to Delta Lithium for $800,000
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Reach Resources (ASX:RR1)
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