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The funding will support drilling at the Diamantina Copper-Gold Project and the Bulimba Gold Project.
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The drilling programme aims to fill specific gaps in the mineral resource with drill spacing of 12.5m and depths reaching 50m.
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The licence permits BRE to extract up to 2,000tpa of product from the Monte Alto deposit.
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As mining accelerates global biodiversity loss, the resulting damage to ecosystems is becoming a material business threat that companies can only mitigate by adopting nature-positive strategies now.
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The acquisition was completed by purchasing tenements E57/1017, E58/555 and E58/571 from Aldoro Resources.
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