Eastern Metals Sells Thomson Project, Refocuses Strategy
Company Announcements

Eastern Metals Sells Thomson Project, Refocuses Strategy

Legacy Minerals Holdings Ltd. (AU:LGM) has released an update.

Eastern Metals Ltd has announced the sale of its Thomson Project to Legacy Minerals Holdings Ltd for $200,000 and a 1.5% Net Smelter Royalty, streamlining its portfolio to concentrate on exploring the promising Cobar and Arunta projects. The sale allows Eastern Metals to allocate more resources to these high-potential projects, with drilling and work programs already in progress, backed by a recent co-funding grant.

For further insights into AU:LGM stock, check out TipRanks’ Stock Analysis page.

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