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Southern Gold takes up majority of Challenger Area

SOUTHERN Gold has earned a 51% stake in the Challenger Area gold exploration project in South Australia after spending the required $A2 million, with the remaining stake held by its joint venture partner, Dominion Mining.

Claire Svircas
Southern Gold takes up majority of Challenger Area

Dominion owns the nearby Challenger gold mine. Under the terms of the joint venture, Dominion now has the option to contribute to 49% of JV expenditure to maintain its interest or, if it elects not to...

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