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The latest update is out from 3D Resources Limited ( (AU:ADG) ).
Adelong Gold Limited has clarified that no binding agreement has been executed with Great Divide Mining Ltd regarding their joint venture dispute through Challenger Mines Pty Ltd. The company disputes GDM’s claims of a resolution and maintains that discussions are ongoing with unresolved key commercial terms. Adelong Gold will update the market if a binding transaction is reached, while reserving all legal rights concerning the dispute.
More about 3D Resources Limited
Adelong Gold Limited is an Australian mineral exploration company focused on advancing high-grade gold and antimony projects in Victoria, including the Apollo Gold and Antimony Project and the Lauriston Gold and Antimony Project. The company also has a strategic lithium portfolio in Brazil, providing exposure to both high-grade gold-antimony exploration and the global energy transition.
Average Trading Volume: 19,874,917
Technical Sentiment Signal: Sell
Current Market Cap: A$25.67M
See more insights into ADG stock on TipRanks’ Stock Analysis page.