Bluebird Merchant Ventures (GB:BMV) has released an update.
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Bluebird Merchant Ventures Ltd has announced a new partnership strategy involving local JV partners investing approximately US$9 million to develop its high-grade gold projects in South Korea and the Philippines. This funding aims to advance the company’s goal of reaching a production target of over 100,000 oz Au annually, with projects like the historic Kochang mine set to recommence production following a US$2 million investment. The company presents a strong case for investors, highlighting a free carry structure that minimizes reliance on international capital markets and leans on its international mining team’s expertise.
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