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St Barbara Acquires Strategic Stake in Geopacific Resources

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St Barbara Acquires Strategic Stake in Geopacific Resources

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An update from Kin Mining NL ( (AU:PTN) ) is now available.

St Barbara Ltd, a Papua New Guinea gold producer, has acquired a 14.4% stake in Geopacific Resources Limited, aligning its operational expertise with Geopacific’s Woodlark Gold Project. This strategic partnership enhances Geopacific’s market positioning by bringing in St Barbara’s local knowledge and technical expertise, potentially benefiting stakeholders as the project advances.

More about Kin Mining NL

Geopacific Resources Limited is a company in the mining industry, focusing on the development and exploration of gold resources. Its primary project is the Woodlark Gold Project in Papua New Guinea, which hosts a significant mineral resource.

Average Trading Volume: 1,257,033

Technical Sentiment Signal: Sell

Current Market Cap: A$101.5M

See more insights into PTN stock on TipRanks’ Stock Analysis page.

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