Tempus Resources Ltd. (AU:SMM) has released an update.
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Somerset Minerals Ltd reported significant progress in the September 2024 quarter with the discovery of new gossans at its Prescott Project in Nunavut, Canada, suggesting potential for sediment-hosted copper deposits. The company also announced strategic agreements, including a sale with Barrick Gold and an earn-in agreement with Blackdome Mining, enhancing its financial flexibility. Additionally, Somerset secured a convertible loan agreement to further bolster its exploration efforts.
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