Aeon Metals Limited (ASX: AML) announced that the Company has executed the Cultural Heritage Protection Agreement with the Waanyi PBC and Waanyi People 3 Applicant. This agreement allows Aeon to resume activities at Walford Creek. After extensive negotiations, Aeon has successfully secured a new Cultural Heritage Protection Agreement with the Waanyi PBC, governing the relationship between the Waanyi People and Aeon.
Key points include the ability for Aeon to resume activities at Walford Creek, the finalization of a drill program aimed at increasing the Walford Creek project's Resources, and the sale and Joint Venture of several of its large Mt Isa tenement package with two separate parties. Additionally, Aeon is exploring different processing alternatives at Walford Creek and Mt Isa. It has signed a non-binding MOU with SMAC Development to sell a portion of its Walford Creek Ore as a Concentrate.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.