Post by Neometals Ltd

Neometals Ltd is pleased to advise that its wholly owned subsidiary, Avanti Exploration Pty Ltd, has executed a binding definitive agreement with BML Ventures Pty Ltd for the development of the Ironclad gold deposit at the 100% owned Barrambie Gold Project, in Western Australia. ("BMLV") offers a funded pathway to potential first gold. BMLV brings proven open‑pit gold development expertise, an owner‑operator mining fleet and established toll‑milling relationships. An updated Ironclad Mineral Resource Estimate and Scoping Study, supported by BMLV‑funded development and mining costs, underpin a near‑term gold production strategy at Barrambie. Near‑surface mineralisation supports open‑cut mining and conventional processing, with profits to be shared 50:50 between Neometals and BMLV. 🔗 For further details, please download the Company announcement: https://bit.ly/4mn5Udc Chris Reed Chris Kelsall #Gold #Exploration #Mining