Olympio Metals to Divest Mulwarrie Project for $1.375M

CropLogic Ltd. (AU:OLY) has released an update.

Olympio Metals Limited has entered into an agreement to sell its Mulwarrie Project in Western Australia to Orminex West Pty Ltd for up to $1.375 million. The deal involves a three-month option, with initial payments totaling $375,000 and a potential additional $1 million contingent on specific gold resource findings. This strategic move allows Olympio to focus on other assets while maintaining interest in Mulwarrie’s exploration outcomes.

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