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Asra Minerals Limited ( (AU:GA8) ) has shared an announcement.
GoldArc Resources Limited has executed a Deed of Variation for the Mt Stirling Project Joint Venture, securing 90% ownership and full operational control, which simplifies the project’s ownership structure and removes the requirement for a Feasibility Study before commencing mining operations. This strategic move de-risks the project, allowing GoldArc to pursue faster development strategies, enhancing its market positioning and providing potential benefits to shareholders.
More about Asra Minerals Limited
GoldArc Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary market focus is on the development of the Mt Stirling Project, a significant asset in its portfolio.
YTD Price Performance: 123.81%
Average Trading Volume: 2,690,673
Technical Sentiment Signal: Sell
Current Market Cap: A$27.81M
Find detailed analytics on GA8 stock on TipRanks’ Stock Analysis page.