Adventus Mining (TSE:ADZN) has released an update.
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Adventus Mining has secured a partnership with Japan’s JOGMEC, striking a US$5 million earn-in agreement to advance the Tres Picachos Project in Ecuador. JOGMEC can earn 75% ownership by investing the amount over four years, with exploration activities set to begin in April 2024. The project, which is rich in copper, molybdenum, gold, and silver, will initially include a comprehensive work program to pinpoint drilling targets.
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