M&A

E2 goes 'pure play' silver development route with Austral Gold deal

E2 METALS says it is creating a silver development "pure play" on the ASX after unveiling a deal to buy the Pinguino project in Argentina from Chile-focused Austral Gold for about US$10 million in cash and shares.

Conserrat, Argentina

Conserrat, Argentina

Pingüino is 15km north of E2's Conserrat project in Santa Cruz province and contains 31 million ounces at a grade of 201 grams per tonne silver equivalent. E2 will pay $5 million in cash including an...

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