Vango options Lodestar leases

CASH-strapped explorer Lodestar Minerals, which had just A$36,000 in cash at the end of March, has found salvation in the form of an optional farm-in agreement for its flagship Ned’s Creek project, which is adjacent to Vango Mining’s Marymia project.

Vango options Lodestar leases Vango options Lodestar leases Vango options Lodestar leases Vango options Lodestar leases Vango options Lodestar leases

Vango wants to expand its Marymia holdings.

Vango has a four-month option to trigger a 51% farm-in by spending $5 million over three years, with a minimum spend of $1 million per annum.

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