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Drilling returned standout intercepts including 14m @ 6.38g/t Au and 6m @ 13.53g/t Au from surface.
Project financing supported by African partners including Angola’s Sovereign Wealth Fund, IDC South Africa, and Bank Bai.
Highlights
The group will receive ~$56 million in FY25 but expects to record a ~$16.4 million loss on claims receivable.
Major contract wins and work-in-hand boost growth outlook; WIH rises to $1.46 billion.
Provaris Energy signs MOU with “K” LINE to jointly develop hydrogen shipping and offshore storage solutions.
Funds to support final construction for Phase 1 of Hombre Muerto West project in Argentina.
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