Auridiam offloads PNG gold project

AURIDIAM has sold its 75%-held Woodlark gold project in Milne Bay, Papua New Guinea to low profile Canadian company BM Diamondcorp.

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Consideration for the deal was 1.5 million shares in BMD, with BMD already holding the 25% balance in the project.

Woodlark contains 365,300 ounces in a resource grading 1.72gpt.

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