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Great Divide Mining Challenges Adelong Gold’s Deadlock Notice

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Great Divide Mining Challenges Adelong Gold’s Deadlock Notice

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Great Divide Mining Ltd ( (AU:GDM) ) just unveiled an announcement.

Great Divide Mining Ltd has responded to a Deadlock Notice issued by Adelong Gold Limited regarding their joint venture at the Challenger Gold Mine. GDM asserts that the notice is invalid, as the annual plan was approved according to the joint venture agreement, and there is no lawful basis for the deadlock claim. The company will continue to provide updates on the situation.

More about Great Divide Mining Ltd

Great Divide Mining Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold and other precious metals, with a market focus on joint ventures and partnerships to enhance its mining operations.

Average Trading Volume: 38,601

Technical Sentiment Signal: Strong Buy

Learn more about GDM stock on TipRanks’ Stock Analysis page.

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