Dart Mining NL (ASX: DTM) has finalized the acquisition of the Triumph Gold Project from Sunshine Metals Limited. The transaction, initially announced in August 2024, involves acquiring key tenements through a combination of cash and shares. This strategic acquisition is located in Queensland, enhancing Dart Mining's gold exploration capabilities.
Dart Mining NL has successfully acquired the Triumph Gold Project, covering two exploration permits in Queensland. This acquisition reinforces the company's strategic focus on expanding its presence in regions with rich mineral potential. Dart Mining aims to evaluate and develop historic Goldfields while establishing a new porphyry province in Northeast Victoria. The company's mineral interests include a variety of metals, highlighting its diverse exploration and development strategy. With the acquisition of the Triumph project, Dart Mining is poised to advance its goals in gold exploration and mining.
The acquisition was completed on the terms previously outlined by Dart Mining on August 27, 2024. This acquisition marks a significant step for Dart Mining in expanding its gold exploration and mining activities within Australia, particularly in regions with promising mineral prospects.