Santana Minerals Ltd. (AU:SMI) has released an update.
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Santana Minerals Ltd. is advancing its Bendigo-Ophir Gold Project in New Zealand, aiming to develop one of the country’s richest gold mines. The company has outlined a Prefeasibility Study that estimates A$340 million in financing is required, while exploring alternative strategies for value creation. Investors should note the potential risks, including the uncertainty of securing necessary funding and resource classification challenges.
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