Zuleika Gold's litigation update against Vango Mining Limited

Zuleika Gold Limited (ASX: $ZAG) has provided an update on its ongoing litigation against Vango Mining Limited (Vango) (ASX: $VAN) and its wholly owned subsidiary, Dampier (Plutonic) Pty Ltd (DPPL). Zuleika was successful in its Costs Application, resulting in special costs orders in its favor. Vango and DPPL have agreed to pay $950,000 to Zuleika in full and final satisfaction of the Costs Orders.

Executive commentary on the litigation update

This is an excellent outcome for Zuleika. We are pleased with the resolution of the Costs Orders and the agreement by Vango and DPPL to pay the specified amount. The Court of Appeal's pending judgment will be awaited, and we will provide further updates as necessary.

Summary of Zuleika Gold's litigation update and outlook

Zuleika Gold (ASX: $ZAG) has successfully resolved its litigation costs with Vango Mining Limited and its subsidiary, DPPL. The agreement for Vango and DPPL to pay $950,000 to Zuleika signifies a positive outcome for the company. The pending judgment from the Court of Appeal will be a key development to monitor. Zuleika will continue to provide updates on the litigation as it progresses.