Si6 Metals acquires 100% of Monument Gold Project in Australia
TAGS AustraliaDiscovEx Resources LimitedLaverton Gold DistrictMonument Exploration Pty LtdMonument Gold ProjectSi6 Metals LimitedWestern Australia
Si6 Metals Limited said that it has wrapped up the previously announced acquisition of a 100% stake in the Monument Gold Project in Western Australia from DiscovEx Resources Limited.
The consideration of the deal announced last week is AUD 400,000, which was paid in the form of cash and stock.
Si6 Metals took 100% of the Monument Gold Project by acquiring its holding company Monument Exploration Pty Ltd.
Located in the Laverton Gold District, the Monument Gold Project spans an area of 310km2. Recently, Si6 Metals wrapped up a 4,400m reverse circulation (RC) drilling program at the project.
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CATEGORIES Metals and Mining Industry News
TAGS AustraliaDiscovEx Resources LimitedLaverton Gold DistrictMonument Exploration Pty LtdMonument Gold ProjectSi6 Metals LimitedWestern Australia