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Inflection Resources – AngloGold Ashanti Signs a Non-Binding Multi-Year Exploration Earn-in Across A Portfolio of Copper-Gold Projects in Australia

Cory
March 2, 2023

Alistair Waddell, President and CEO of Inflection Resources (CSE:AUCU – OTCQB:AUCUF) joins us to discuss the February 23rd news release reporting AngloGold Ashanti singing a non-binding multi-year exploration earn-in agreement for a portfolio of copper-gold projects in Australia. This is very big deal for Inflection as AngloGold could be spending a lot of money on a number of Projects to earn up to 75%. See the table below for a summary of the 4 Phase earn-in agreement.

 

We have Alistair recap how the Company got to the this point and provide some further details on the earn-in agreement.

 

If you have any follow up questions for Alistair please email us at Shad@kereport.com or Fleck@kereport.com.

 

 

 

Click here to visit the Inflection Resources website and read over the full news release.

 

 

Discussion
2 Comments
    Mar 02, 2023 02:22 AM

    Good news for Inflection shareholders. I thought about pulling the trigger but I do worry about the overburden layer there adding to mining costs. Maybe they will hit something bigly enough where it doesn’t matter but for now I’m in wait and see mode.

    Mar 02, 2023 02:23 AM

    I meant to add that this is more evidence the majors must think some of these land packages have gotten too cheap to pass on.