March 31 (Reuters) - Metals X Ltd (MLX) :
- Metals X acquires gunga gold deposit (MLX)
- Has acquired the gunga gold deposit approximately 30 km west of its jubilee mill at its south kalgoorlie operations
- Open pit mining is planned and will provide supplementary feed to the jubilee mill over the ensuing years
- The purchase price is $1.5 million in cash with additional payments of $500,000 if gold production exceeds 10,000 ounces
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