HomeFinTechAzure Minerals: Acquires Barton Gold Project

Azure Minerals: Acquires Barton Gold Project

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  • Azure Minerals (AZS) has entered a binding agreement to acquire the Barton Gold Project from local company 30 Well
  • Azure will pay 1.15 million fully paid ordinary shares and $20,000 once it is granted the tenement
  • Beyond this, there are no additional payments or royalties
  • The Barton Gold Project is located in the Eastern Goldfields region of WA and makes up 200.5 square kilometres of the prospective Kookynie Gold District
  • Barton has seen limited historical exploration, however, some gold mineralisation has been discovered
  • As soon as the tenement is granted, the company will commence aircore and reverse circulation drilling
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