Bluebird Merchant Ventures (GB:BMV) has released an update.
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Bluebird Mining Ventures Ltd is advancing its high-grade gold projects in South Korea and the Philippines with a joint venture model, securing around US$9 million in funding to bring these mines into production. The company aims to produce over 100,000 ounces of gold annually, leveraging local partnerships to reduce reliance on international capital markets. Their strategy highlights significant potential with an estimated 1.8 million ounces of gold across three projects, emphasizing a de-risked approach to mining development.
For further insights into GB:BMV stock, check out TipRanks’ Stock Analysis page.
