Polymetals Resources Ltd. (AU:POL) has released an update.
Polymetals Resources Ltd has secured the acquisition of the Endeavor Silver, Zinc & Lead Mine through revised agreements, allowing for a deferral of the rehabilitation bond exchange and moving the company closer to restarting production. The mine is expected to create over 200 jobs and contribute approximately $50 million annually to the local NSW community. With the new arrangements in place, Polymetals is focusing on finalizing financing and beginning mine restart activities, targeting production in the first half of 2025.
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