InvestmentPitch Media Video Discusses Inflection Resources’ Signing of Non-Binding Heads of Agreement with AngloGold Ashanti for Multi-Year Exploration Earn-In Across Portfolio of Copper-Gold Projects in Australia
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- Following execution of the Earn-in Agreement, AngloGold shall fund a total of AUD$10 million on exploration expenditures across the portfolio of projects within three years as part of a Phase I exploration program.
- Alistair Waddell, President and CEO, stated: “The execution of this Heads of Agreement with AngloGold Ashanti is a major milestone for the Company.
- We fully anticipate recommencing drilling immediately following the execution of the Earn-in Agreement, all of which will now be fully funded by AngloGold.