Two Western Australian gold hopefuls, Intermin Resources and Primary Gold, have announced earn-in and drilling-for-equity deals, respectively, to progress potential gold projects.
Contractor Resource Mining has inked an agreement to co-fund Intermin Resources' Teal gold project to production, with the mine to cost an estimated $4.5 million.
Gold company Evolution Mining has finalised its purchase of La Mancha Resources' Australian assets and secured $100 million in financial firepower to continue its growth opportunities.
La Mancha Resources has signed an agreement to acquire up to 70 per cent of Perth-based explorer Intermin Resources' Binduli gold project near Kalgoorlie.
Virtualplus HoldingsLtd, 11/11/05, Intermin Resources Ltd Became a substantial shareholder with a relevant interest of 2,050,000 ordinary shares (12.04%)