Dart Mining Acquires Triumph Gold Project from Sunshine Metals

Aug 27, 2024

Dart Mining NL (ASX: DTM) has entered into a Sale and Purchase Agreement with Sunshine Metals Limited (ASX: SHN) to acquire the Triumph Gold Project in Queensland for AU$2 million—half in cash and half in shares. The project, with a JORC 2012 compliant inferred resource of approximately 118,000 ounces at 2.03 g/t gold, enhances Dart Mining's portfolio. The Triumph Project, part of an under-explored region in Central Queensland, complements Dart’s Victorian assets and aligns with their strategy to expand into Queensland. The acquisition enables Dart Mining to focus on resource drilling and further develop the project, leveraging over A$8 million previously invested in exploration by Sunshine Metals.

 

 

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