Reward Minerals LtdASX: RWD

New Gold Project Acquisition

· Issued by Reward Minerals Ltd

Filed with ASX · · 14 pages · English

Summary by 6ix AI

Reward Minerals Ltd has announced the acquisition of the Mountain Pond Gold Project in Newfoundland, Canada, through a binding Letter of Intent. The project includes the Jackpot Prospect, which has shown promising historic exploration results but has not been drill tested. The acquisition terms involve cash payments and share issuances to the vendor, along with a royalty agreement. Next steps include planning for confirmation sampling and drilling at priority targets within the project area.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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