CAPITAL MARKETS

AuDax picks up 250,000oz resource

AUDAX Resources has reached an agreement with Mines and Resources Australia to acquire 100% of the 251,000 ounce Millrose gold project.

Brad Ricks

Millrose, located 30km east of Newmont Mining’s Jundee mine, is currently run as a joint venture by the two parties with MRA holding 53%. AuDax will pay $200,000 and issue 825,000 ordinary fully paid...

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