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The latest update is out from Miramar Resources Limited ( (AU:M2R) ).
Future Battery Minerals Ltd, a company focused on expanding its gold and lithium projects, has entered into a binding agreement to acquire the Randalls Gold Project in Western Australia from Miramar Resources. This strategic move enhances FBM’s exploration leverage in the W.A. Goldfields region, known for its significant gold deposits, and complements its existing Coolgardie Gold and Lithium Project. The acquisition includes six tenements covering over 620 square kilometers of prospective ground, with potential synergies from nearby operating gold mines and processing plants. FBM is well-funded to pursue exploration activities, aiming to capitalize on the region’s gold potential.
More about Miramar Resources Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$4.18M
For detailed information about M2R stock, go to TipRanks’ Stock Analysis page.