Golden Cross Resources Ltd (AU:GCR) has released an update.
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Golden Cross Resources Ltd is advancing its Copper Hill project, capitalizing on high gold and copper demand despite challenges in financing junior exploration ventures. The company is exploring the possibility of partial divestment to secure funds for further development and compliance with ASX requirements. GCR is also considering equity capital raising, which may dilute shareholder investment, to finance necessary field exploration and enhance project value.
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