DEG News: De Grey to Invest A$25 Million to Earn 50% in Egina JV and Complete A$10 Million Cornerstone Investm - 21st Jun 2023, 9:14pm

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Novo Resources Corp.

Figure 1 Egina JV tenure2.

HIGHLIGHTS

Major Western Australian gold developer De Grey Mining Ltd (ASX: DEG) (“De Grey”) to spend up to A$25 million on exploration of Novo’s Becher Gold Project (“Becher”) and adjacent tenements, encompassing approximately 1,000 sq. km, through an earn-in and joint venture (“Egina JV”) under a binding Heads of Agreement (the “Agreement”).

De Grey will earn a 50% direct stake in the relevant tene...

>>> Read more: De Grey to Invest A$25 Million to Earn 50% in Egina JV and Complete A$10 Million Cornerstone Investment
 
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