Santana Minerals Ltd. (AU:SMI) has released an update.
Santana Minerals Ltd. has announced a Pre-Feasibility Study for its Bendigo-Ophir Gold Project in New Zealand, anticipating it to become one of the country’s richest gold mines. The company estimates needing A$340 million for the project’s development and is exploring various funding strategies. Investors should note the associated risks, including potential dilution of shares.
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