Classic Minerals Ltd. (AU:CLZ) has released an update.
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Classic Minerals Ltd has achieved significant progress at its Forrestania Gold Project, securing a 21-year mining lease and entering into a funding agreement with AuResources to fast-track project development. The mining lease, which covers over 1,800 hectares, is a strategic move that enhances Classic’s operational capacity and demonstrates a commitment to sustainable practices in partnership with the Ballardong People. These developments are expected to pave the way for the company to transition into full-scale gold production.
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