26 September 2025
26 September 2025
The AOG project is located in the province of Coquimbo and produced 1.12 million ounces of gold between 1995 and 2018.
The Electric Light deposit lies around 27km north of the Georgetown gold processing plant.
The decision follows a favourable court ruling related to a legal dispute over 32 mining concessions.
The funding comprises a two-tranche placement to raise A$205m, alongside an options exercise by EEA to generate up to A$10m.
The Thacker Pass mine is crucial to establishing a domestic supply chain for lithium, reducing US dependency on Chinese lithium.
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