Aureka – Strategic Land Purchase at Irvine Project

HIGHLIGHTS
 Aureka secures agreement on 97 hectares of land surrounding its Irvine Project in the Stawell Corridor
 Land purchase confirms Aureka’s confidence in the Irvine Project and provides long term security of access, reduced cost of exploration and allows flexibility in deciding future infrastructure locations
 $2.2m of mortgageable land acquired at market value, by Aureka or its nominees on delayed settlement terms
 Purchase will not significantly impact Aureka’s cash balance

 

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