Balance Sheet StrengthA net-cash, zero-debt balance sheet materially reduces financial risk and gives the company durable optionality to fund exploration, PFS and permitting without immediate distressed financing. This strengthens its ability to execute multi-year development plans and negotiate partnerships.
Project De‑risking And Development ProgressAdvancing Mercur through metallurgy, large drill programs and a planned PFS is a structural shift from exploration toward development. Delivering a PFS increases resource confidence, clarifies economics and makes the asset fundable or partnerable, improving long-term project viability.
Technical Partnerships & Strategic OptionsEngagements with experienced engineering, environmental and drilling firms plus optioned interests involving Barrick provide credible technical capacity and external validation. These relationships lower execution risk and enhance access to specialist expertise across permitting and engineering phases.