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3D Resources Limited ( (AU:ADG) ) has provided an update.
Adelong Gold Limited has announced a dispute with Great Divide Mining Ltd regarding a deadlock notice under their Joint Venture Agreement for the Adelong Gold Project. Adelong Gold maintains that a deadlock exists and is invoking dispute resolution procedures to address disagreements over the annual program and budget. This development could impact the company’s operations and stakeholder relations as it seeks to resolve the issue and progress its projects.
More about 3D Resources Limited
Adelong Gold Limited is an Australian mineral exploration company focused on gold production at its flagship Adelong Goldfield Project in New South Wales. The company is also advancing exploration at the Apollo and Lauriston Gold Projects in Victoria and holds a promising lithium portfolio in Brazil. With a diversified portfolio, Adelong Gold is strategically positioned for growth and long-term value creation.
Current Market Cap: A$11.58M
For a thorough assessment of ADG stock, go to TipRanks’ Stock Analysis page.