Encore Makes Final Investment Decision on Windarra Tailings
Filed with ASX · · 4 pages · English
Summary by 6ix AI
Maritana Minerals Limited announces that Encore Minerals has made a positive Final Investment Decision regarding the Windarra Tailings Project, allowing it to proceed to the Development Period under a binding agreement. As part of this decision, Maritana will receive a non-refundable payment and is entitled to a net smelter return royalty on production from the project. Encore will fully fund and operate the project, which utilizes proprietary technology for processing tailings. Maritana continues to explore the broader gold prospectivity of its Windarra assets while minimizing capital costs and risks associated with the project.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Maritana Minerals Limited on 6ix
Earlier from Maritana Minerals
- Resource Conversion and Extensional Drilling Update
- BSPH Progress Update
- Rose Hill Mineral Resource and Maiden Ore Reserve Update
- Phase 2 Drilling Extends High Grade Burbanks Mineralisation
- Application for quotation of securities - MRT
Later from Maritana Minerals
- Notification of cessation of securities - MRT
- Change of Director's Interest Notice
- High-Grade Burbanks Deposit Increases 62% to 750koz
- Proposed issue of securities - MRT
- Cleansing Statement
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