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Bluebird Merchant Ventures ( (GB:BMV) ) has issued an update.
Bluebird Mining Ventures Ltd provides an update on its gold and silver project portfolio in South Korea and the Philippines. The company’s joint venture partner in the Philippines has paid the 2025 license fee for the Batangas Gold Project, which has a JORC compliant resource of 440,000 ounces of gold. Meanwhile, the decision on the Mountain Temporary Use Permit for the Kochang Gold and Silver Mine in South Korea has been delayed to Q2 2025. Colin Patterson is stepping down from the board for personal reasons, and the company is seeking a replacement with production experience to expedite the development of their projects. The management remains optimistic about the projects due to the favorable gold price environment.
More about Bluebird Merchant Ventures
Bluebird Mining Ventures Ltd is a London-listed company focused on developing high-grade, low-capex gold projects. The company has an estimated 1.8 million ounces of gold across three projects, including historic mines in South Korea and a development project in the Philippines. Utilizing joint venture partnerships with local companies, Bluebird aims to advance its assets to production while minimizing reliance on international capital markets.
YTD Price Performance: 15.38%
Average Trading Volume: 3,605,211
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.6M
For detailed information about BMV stock, go to TipRanks’ Stock Analysis page.
