Latest Antilles Gold (ASX:AAU) News

Antilles Gold progresses its Cuban mining ventures with a key EPC contract signing and ongoing financing talks, focusing on the Nueva Sabana and La Demajagua projects. The company confirms stable resource estimates and outlines upcoming development milestones.

Antilles Gold has taken a major step forward in developing its Nueva Sabana copper-gold mine by signing a non-binding Letter of Intent with Chinese firm Xinhai for a $26 million EPC contract and $16 million in project financing. The agreement also includes a strategic $4.1 million share placement, signaling deeper collaboration and governance involvement.

Antilles Gold’s joint venture has inked key offtake agreements for all gold and copper/gold concentrates from the Nueva Sabana mine, boosting project financing prospects.

Antilles Gold progresses its Cuban joint venture projects, unveiling updated resource estimates and feasibility studies for Nueva Sabana, while expanding La Demajagua’s scope and pursuing financing options.

Antilles Gold Limited is raising $1 million through a share and option placement to support working capital and development of its Nueva Sabana copper-gold mine in Cuba.

Antilles Gold Limited reports significant progress on its Cuban joint venture projects, including updated resource estimates and feasibility studies, while managing a constrained cash position heading into 2025.

Antilles Gold Limited has declared a maiden Probable Ore Reserve of 1.76 million tonnes at the Nueva Sabana copper-gold project in Cuba, supported by a comprehensive Pre-Feasibility Study outlining strong financial metrics and a clear path to production.