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East Star Resources ( (GB:EST) ) has shared an announcement.
East Star Resources has entered a strategic joint venture agreement with Endeavour Mining to explore and develop gold projects in Kazakhstan. This partnership allows Endeavour to earn up to an 80% interest in the joint venture through staged investments, while East Star retains a 20% stake and manages the initial phase. The collaboration is seen as a significant milestone for East Star, enhancing its exploration program and potentially unlocking substantial value for stakeholders.
More about East Star Resources
East Star Resources is focused on the discovery and development of copper and gold in Kazakhstan. The company is engaged in multiple exploration strategies, including volcanogenic massive sulphide (VMS) exploration and copper porphyry and epithermal gold exploration, with an aim to identify Tier 1 deposits.
Average Trading Volume: 1,778,264
Technical Sentiment Signal: Buy
Current Market Cap: £8.46M
Find detailed analytics on EST stock on TipRanks’ Stock Analysis page.