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Zuleika Gold Limited ( (AU:ZAG) ) has provided an update.
Zuleika Gold Limited has announced the trial dates for its ongoing litigation against Catalyst Metals Limited’s subsidiaries regarding key tenements and gold resources at the Plutonic Gold Project. The Supreme Court of Western Australia will determine the damages payable by Catalyst Entities to Zuleika, following a previous ruling that Catalyst wrongfully repudiated a joint venture agreement, preventing Zuleika from earning a significant interest in the tenements. The outcome of this trial could significantly impact Zuleika’s operations and its stake in the Plutonic Mine.
More about Zuleika Gold Limited
Zuleika Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in advancing its interests in key tenements and gold resources, particularly in Western Australia’s Murchison region.
Average Trading Volume: 625,635
Technical Sentiment Signal: Sell
Current Market Cap: A$9.64M
For an in-depth examination of ZAG stock, go to TipRanks’ Overview page.