Cassius Mining Eyes Saudi Mineral Wealth

Cassius Mining Ltd (AU:CMD) has released an update.

Cassius Mining Limited has announced a Memorandum of Understanding with Saudi Arabia’s Segia Gulf Group to explore critical minerals, aligning with Saudi Arabia’s ‘VISION 2030’ plan to diversify its economy. The partnership, potentially leading to a joint venture, aims to tap into the Kingdom’s mineral wealth with a focus on gold and copper. The company’s recent Mining Investment License acquisition positions it to compete in upcoming tender rounds for exploration licenses, with the support of consolidated historical data from the Saudi Geological Survey.

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