Sunshine Gold Ltd (AU:SHN) has released an update.
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Sunshine Metals Limited has agreed to sell its Triumph Gold Project to Dart Mining NL for $2 million, split evenly between cash and shares. The sale enables Sunshine to concentrate on its primary Ravenswood Consolidated Project while maintaining a stake in Triumph’s future through Dart’s shares. This strategic move is anticipated to enhance Sunshine’s focus on its significant high-grade gold and base metal resources.
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