Auric Mining Ltd. (AU:AWJ) has released an update.
WIN Metals Ltd has strategically divested its nickel and lithium rights up to 150m below the surface on part of its M15/87 tenement for over $1.2 million, retaining significant mineral rights below this zone. The deal with Auric Mining Ltd enables Auric to advance its Munda Gold Project, while WIN preserves the long-term value of its remaining nickel resources. The transaction, mutually advantageous, allows both companies to focus on their core projects with minimal operational overlap.
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