trending Market Intelligence /marketintelligence/en/news-insights/trending/vsyjo_d_mlcbfts7oqohjg2 content esgSubNav
In This List

Intrepid to earn up to 80% interest in Ausgold's Doolgunna Station project

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Intrepid to earn up to 80% interest in Ausgold's Doolgunna Station project

Intrepid Mines Ltd. entered into a farm-in and joint venture agreement to earn up to an 80% interest in Ausgold Ltd.'s Doolgunna Station base metals-gold project in Western Australia.

The company can acquire the interest by spending A$2.2 million on the project over two years, according to a June 4 release.

After the spend is completed, Ausgold can keep a 30% contributing interest in the project or revert to a 20% interest, which would be free-carried to a decision to mine.

Intrepid Mines will also be required to keep the project in good standing.