Latest Lcl Resources (ASX:LCL) News

LCL Resources has struck a binding agreement to divest its Colombian projects for A$10 million plus royalties, while unveiling a maiden 831,000-ounce gold resource at its Kusi project in Papua New Guinea.

LCL Resources has firmly dismissed recent unsolicited acquisition offers for its Colombian gold assets, reiterating its binding agreement with Tiger Gold Corp. and urging shareholders to back the pending transaction.

LCL Resources has cleared major hurdles in its sale of Colombian gold assets to Tiger Gold Corp, with shareholder approval the final step before a $1 million payment is triggered.

LCL Resources has executed a binding agreement to divest its Colombian assets for A$10 million, while confirming a significant copper-gold porphyry discovery at its Dada project in Papua New Guinea.