New acquisition further expands AGC's footprint in South Cobar
Australian Gold and Copper (ASX:AGC) has this week executed a binding tenement sale agreement with Eastern Metals (ASX:EMS) to acquire a 6.5-kilometre-long Browns Reef Project close to AGC’s flagship South Cobar dig.
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Joining HotCopper to discuss the major move is the company’s managing director, Glen Diemar, who said the deal was “super exciting” for holders.
“This is our second acquisition in two months’ time, and this one is really something special,” he declared. “This is literally ten times bigger [than the company’s Achilles site] and has 24 kilometres worth of historic drilling.”
“This one cements us as a really good company to watch, we believe.”
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please clickhere.
New acquisition further expands AGC's footprint in South Cobar
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