Dart Mining NL ( (AU:DTM) ) just unveiled an update.
Great Divide Mining Ltd has entered into a joint venture agreement with Dart Mining NL to farm-out its Coonambula Antimony-Gold Project. Dart Mining will initially acquire a 15% stake in the project, which includes historically underexplored tenements, with the potential to increase its holding to 51% by conducting significant exploration activities. This agreement is a strategic move for Great Divide Mining, aligning with its goal to transition into a mining producer and focusing on project development and near-term cash flow.
More about Dart Mining NL
Great Divide Mining Ltd (ASX:GDM) is a company focused on evolving from an explorer to an explorer-miner-producer, with a strategic emphasis on antimony and gold mining. The company aims to rapidly develop cash-flow mining operations while conserving shareholder capital.
Average Trading Volume: 566,881
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$4.13M
For an in-depth examination of DTM stock, go to TipRanks’ Stock Analysis page.