Inflection Resources to buy Australian copper-gold exploration projects from Newmont

7 hours ago 1
  • Inflection Resources (OTCQB:AUCUF) entered an agreement to acquire a 100% interest in a portfolio of Australian copper-gold exploration projects in New South Wales and the Northern Territory from subsidiaries of Newmont (NEM).
  • This acquisition will expand Inflection’s footprint in Australia, complementing its existing projects in New South Wales, where it is already exploring for large copper-gold deposits within the Macquarie Arc—a region known for hosting world-class deposits such as Newmont’s Cadia mines.
  • The deal is positioned to enhance Inflection’s growth and resource potential in Australia’s premier copper-gold province.
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