Pennine Petroleum (TSE:PNN) has released an update.
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Pambili Natural Resources Corporation is in the process of acquiring Golden Valley Mine, re-negotiating the deal to simplify ownership transfer and awaiting TSXV review with a technical report pending. The acquisition promises potential based on GVM’s history of high-grade gold production, with Pambili actively preparing an underground development program. Anticipation grows as the company gears up to release additional details and financial information upon completion of the necessary reports and TSXV approval.
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