PERTH (miningweekly.com) – Junior gold explorer Mantle Mining Corporation has divested of its noncore Queensland exploration projects for A$400 000.
The ASX-listed company told shareholders on Tuesday that subject to the necessary regulatory approvals, the company would divest of its Granite Castle and Charters Towers projects.
“We are pleased to have announced this further significant milestone for the company. The agreement to sell Mantle’s noncore projects is consistent with the company’s strategy announced in August 2016,” said CEO Tom de Vries.
“This will enable the company to focus its entire effort and resources to develop the significant opportunities that exist at the high-grade Morning Star gold mine and our other projects in the eastern Victorian goldfields.”
Edited by: Creamer Media Reporter
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