Gascoyne Resources Limited (AU:SPR) has released an update.
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Spartan Resources Limited has announced the sale of its non-core Glenburgh and Egerton Gold Projects to Benz Mining Corp. for up to $15.6 million in a combination of cash and scrip. This strategic move allows Spartan to focus on its flagship Dalgaranga Project while retaining a 15% stake in Benz, enabling future exploration benefits. The transaction is anticipated to be completed by December 2024, marking a significant step in Spartan’s strategic resource management.
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