Meteoric Resources NL (AU:MEI) has released an update.
WIN Metals Ltd has announced the acquisition of the Palm Springs Gold Project, now rebranded as Butchers Creek, from Meteoric Resources NL, which boasts a 357,000oz gold resource and a previous production of 52,000oz. The deal includes an upfront payment and additional payments contingent on future gold production and capital raises. The acquisition marks a strategic move for WIN to diversify and strengthen its portfolio in the gold sector.
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