Metals Corp (MTAL) has released an update.
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Metals Acquisition Limited has announced a strategic investment in Polymetals Resources Limited, initially acquiring a 4.31% interest through a $2.5 million investment, with the potential for an additional investment and various operational agreements. The partnership aims to capitalize on the Endeavor mine’s infrastructure to enhance shareholder value and expand operations at the CSA Copper Mine. This collaboration is set to leverage Polymetals’ extensive experience in the Cobar Basin, with prospects for increased mining efficiency and resource exploration.
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