The company is proposing to acquire two WA gold projects via the acquisition of companies Orminex West and Golden Lode.
Orminex West owns 51% of the Comet Vale gold project, while Golden Lode holds 100% of a project of the same name.
Orminex West and Golden Lode are related entities of mining contractor GBF Mining.
A conditional mine management agreement has been signed with contractor GBF Mining for underground mining at Comet Vale, and Mintails will form a strategic alliance with GBF to pursue high-grade stranded gold assets in Australia and New Zealand.
Comet Vale has a resource of 750,000 tonnes at 8.4 grams per tonne gold for 203,100 ounces of gold.