ASX:SMIMetals and Mining
Santana Minerals (ASX:SMI) Is Up 24.0% After Securing Full Bendigo-Ophir Land Ownership and Ending Royalties
In recent news, Santana Minerals secured freehold ownership of all land encompassing its Bendigo-Ophir Gold Project in Otago, New Zealand, including the extinguishing of certain net smelter return royalties, for a total consideration of NZ$50 million paid in stages.
This move gives Santana direct control over key gold deposits and vital infrastructure, significantly simplifying future project development and operational planning.
We’ll explore how gaining full land ownership and eliminating...