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Venture Minerals Limited ( (AU:CRI) ) has provided an update.
Ausgold Limited has entered into a Farm-in Agreement with Critica Ltd to acquire a majority interest in exploration license E70/5077, adjacent to its Kulin Gold Project in Western Australia. This strategic move aims to expand Ausgold’s regional footprint and enhance its exploration potential in the Katanning Greenstone Belt, with plans to commence drilling in FY26 to discover high-quality, near-surface satellite deposits that can leverage existing infrastructure and scale.
More about Venture Minerals Limited
Ausgold Limited is a mineral exploration company focused on gold projects in Western Australia. The company is engaged in exploring and developing its flagship Katanning Gold Project and other regional prospects, aiming to establish a regional production hub.
YTD Price Performance: 33.33%
Average Trading Volume: 6,790,070
Technical Sentiment Signal: Hold
Current Market Cap: A$43.16M
See more insights into CRI stock on TipRanks’ Stock Analysis page.