Meteoric Resources NL (AU:MEI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into AU:MEI stock, check out TipRanks’ Stock Analysis page.
