Golden Mile Resources Enters Joint Venture for Pearl Copper Project in Arizona

Golden Mile Resources Ltd (ASX: G88) has signed a joint venture agreement with Outcrop Silver & Gold Corporation to acquire the Pearl Copper Project in Arizona. The project in the San Manuel mining district within the prolific Laramide Porphyry Copper Belt offers significant exploration potential. Initial reconnaissance identified the Odyssey and Ford prospects as high-priority targets, with historic copper production and promising grades. G88 can earn up to 100% ownership through staged investments totaling AU$12 million over eight years, starting with an upfront payment of AU$100,000. The project consists of 241 unpatented mining claims and lies near the San Manuel-Kalamazoo Mine, one of the largest deposits in the belt. G88's investment decision is driven by the project's potential for near-term vein targets and a substantial copper porphyry deposit.

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