Benz Mining (TSE:BZ) has released an update.
Benz Mining is set to acquire Western Australia’s Glenburgh and Mt Egerton Gold Projects from Spartan Resources, marking its transformation into a multi-jurisdictional gold-focused company. The acquisition, backed by a successful A$4 million placement, aims to leverage advanced geoscientific techniques to explore the high-grade gold potential of these largely untapped sites. Spartan will become a key shareholder in Benz as part of the deal.
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