CNMC Goldmine Holdings Limited (SG:5TP) has released an update.
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CNMC Goldmine Holdings Limited utilized funds in the first quarter of 2024 mainly for exploration and evaluation activities, along with payments for plant, machinery, diesel, royalties, and general working capital, with slight variances from projected costs due to timing differences in payments. The company actively pursued geological investigations, including drilling operations, at multiple deposits and prospects within the Ulu Sokor concession.
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