Advance Metals secures full ownership of Victorian gold projects. The ASX-listed miner has agreed to acquire the remaining 20% stake in Myrtleford and Beaufort gold projects for an additional $1.02 million, bringing total consideration to $4.07 million. The deal follows exceptional exploration results including high-grade assays of 28.8 grams per tonne gold and gravity recovery rates reaching 96%. Drilling at Happy Valley demonstrates mineralization extends to 500 meters depth, supporting a potential district-scale opportunity. The amended three-year payment structure provides flexibility for share or cash settlement, positioning Advance to capitalize on strong exploration momentum in Victoria's established goldfields.
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