SMH
·general
·1 hour ago
Pacgold to spin out QLD gold assets into Emerald Resources-backed IPO
Pacgold Limited announced a strategic demerger of its North Queensland gold assets into Manda Resources, backed by Emerald Resources. The spin-off includes the Alice River and St George projects, creating a consolidated explorer with 1.33 million ounces of gold. This move allows Pacgold to focus on its White Dam mine in South Australia, recently pouring its first.
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