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Saturday, February 19, 2022 12:14:35 PM
News of a partner, Nagambie, on the Australian gold project at the Balaclava Hill mine in Victoria
https://themarketherald.com.au/nagambie-resources-asxnag-jv-partners-delivers-encouraging-drill-results-2022-02-18/
The Finnish project is taking years to even come to a resource estimate.The Australia endeavors may outpace Rajaplot. Def an easier jurisdiction to operate inand closer to home.
From the article:
"Under the JV with Nagambie, Mawson Gold is earning up to a 60 or 70 per cent interest in the Whroo JV Property.
So far, it has spent $400,000 on exploration and paid NAG $100,000 for a zero per cent interest. To earn a 25 per cent interest, it will spend a further $500,000 on exploration and pay Nagambie another $50,000 in cash before December 2, 2022."
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