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Discovery Alaska Terminates Vinasale Project Lease to Focus on New Opportunities

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The latest announcement is out from Discovery Alaska Limited ( (AU:DAF) ).

Discovery Alaska Limited has announced the termination of its Mining Lease Agreement for the Vinasale Project in Alaska, effective 30 June 2025, to preserve funds and focus on its Chulitna Project and new opportunities. The company is actively seeking new projects or asset acquisitions to enhance its portfolio, aiming to increase the overall value for its shareholders.

More about Discovery Alaska Limited

Discovery Alaska Limited is an Australian company with a 100% interest in the Chulitna Project in Alaska, USA. The company has a seasoned board and management team with a track record of success in exploration, operations, and corporate management, focusing on maximizing shareholder value through asset development.

YTD Price Performance: 10.0%

Average Trading Volume: 103,953

Technical Sentiment Signal: Hold

Current Market Cap: A$2.58M

Find detailed analytics on DAF stock on TipRanks’ Stock Analysis page.

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